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Using investment as an analogy, this is like a barbell strategy. Put most of your portfolio into bonds and put 10% into pure speculation like out-of-the money o
by ruang 16y ago
Using investment as an analogy, this is like a barbell strategy. Put most of your portfolio into bonds and put 10% into pure speculation like out-of-the money options.
- sayemm 16y agoNo, it's not. It's more like the Kelly strategy: http://en.wikipedia.org/wiki/Kelly_criterion http://en.wikipedia.org/wiki/Kelly_criterion Be ready to seize opportune times, but never risk disaster. The world's greatest entrepreneurs and investors didn't get to where they are today with diversification strategies. They did it by concentrating the bets they made in life.