breakingthemarket
breakingthemark
Some of the takes lately on short sellers have been exaggerations of reality in my opinion. Short sellers serve an important roll in the markets. They dampen out volatility because
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I just re-read Bernoulli’s 1738 paper “Exposition of a New Theory on the Measurement of Risk” which is the foundational paper of Expected Utility Theory.It’s AmazingIt’s so wildly different than
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There are two side to the Kelly Criterion which I think often get equated as the same when they really are not.Traditional Kelly betting is about limiting your exposure to
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