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The Value Perspective with 10k Diver REPLAY

The Value Perspective

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The Probability of a Stock's Double or Halving

There's a 50-50 chance, regardless of what the stock did yesterday, today it's going to either double or halve. The idea is that you should not bet all your money on this because think about what happens over the long term. So Claude Channing came up with a beautiful solution where he said, no, you can actually make money out of the stock.

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