This is a fantastic breakdown of the importance of managing risk in a concentrated portfolio. The Kelly Formula is truly great. It's fascinating how a method designed for betting can be so effectively applied to investing, especially when you think about its real-world success with investors like Thorp and Simons. Another great piece, Dan.
This is a fantastic breakdown of the importance of managing risk in a concentrated portfolio. The Kelly Formula is truly great. It's fascinating how a method designed for betting can be so effectively applied to investing, especially when you think about its real-world success with investors like Thorp and Simons. Another great piece, Dan.
This is a fantastic breakdown of the importance of managing risk in a concentrated portfolio. The Kelly Formula is truly great. It's fascinating how a method designed for betting can be so effectively applied to investing, especially when you think about its real-world success with investors like Thorp and Simons. Another great piece, Dan.
Thank you! I integrate mathematical principles to ensure risk is managed intelligently for maximum long-term growth.