3min chapter

Clearer Thinking with Spencer Greenberg cover image

How to form habits effectively (with Jim Davies)

Clearer Thinking with Spencer Greenberg

CHAPTER

The Importance of Expected Value and Maximization

Expected value and maximization is a framework, says that you should never have a portfolio approach. It says that if you have a set of options, you should always put everything in the highest expected value one. And so what I'm thinking is that even just using the numbers and the spreads, you could maybe do a simulation and see if this portfolio approach is better.

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