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6min chapter
TIP128: Edward Thorp - Investing Legend, Math Genius (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
Managing Position Sizes and Market Risks in Investing
The chapter emphasizes the importance of adjusting position sizes in investing during peak market conditions, warns of potential market bubbles, and discusses the risks posed by the removal of financial regulations, central bank actions, and escalating derivatives in the system.
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