4 ms·
No, 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 op
by sayemm 16y ago
No, 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.