Interesting to revisit hypocrisy on a scale that you would assume impossible to screw up, yet he did.
It's a thread and expand it, it's worth it.
Interesting point was even on a low win rate but high reward setup, using Kelly Criterion he would still choose to blow up. 🤔
It's a thread and expand it, it's worth it.
Interesting point was even on a low win rate but high reward setup, using Kelly Criterion he would still choose to blow up. 🤔
Like bro if you sustain your career you’ll have a far bigger impact on the world, what is the freaking rush?
All this hypothetical garbage has no place in the real world.
You only get one shot at a 1billion dollar lotto ticket so you should go all in with full mortgage and net worth, hell even do a capital raise from your family and friends.
These made up scenarios are worthless.
You only get one shot at a 1billion dollar lotto ticket so you should go all in with full mortgage and net worth, hell even do a capital raise from your family and friends.
These made up scenarios are worthless.
The reason why all of this is so poignant is that it directly relates to the themes of risk management which are so important.
Every1 wants to rush to the finish line & even in this thread he admits the marginal utilities of money like I said.
Time is your friend, greed is not.
Every1 wants to rush to the finish line & even in this thread he admits the marginal utilities of money like I said.
Time is your friend, greed is not.
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