Ep. 10: Christian Hubbs on Black Swan Tail-Hedging and Recent Innovations in AI
InFi: the Future of Finance
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Calculating Returns in a Dice Game
The chapter delves into a detailed explanation of a dice game scenario involving probability and financial consequences. It discusses how the game offers a positive expected return initially but the compound growth rate turns negative due to significant losses. The discussion emphasizes the importance of understanding compounding losses and managing bankroll in financial investments.
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