Fortune’s Formula by William Poundstone covers the development of the Kelly formula, which can be used to determine how much (if any) of your portfolio to invest in any given stock. In this article, I will explain:
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Fortune’s Formula book : maximise wealth with…
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Fortune’s Formula by William Poundstone covers the development of the Kelly formula, which can be used to determine how much (if any) of your portfolio to invest in any given stock. In this article, I will explain: