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4min chapter
MI374: Fortune’s Formula: The Scientific Betting System For Beating Wall Street w/ Shawn O’Malley
Millennial Investing - The Investor’s Podcast Network
Betting on Investments
This chapter examines the similarities between horse race betting and investment decisions, focusing on the essential role of conviction and strategy in both. It introduces the Kelly formula for optimizing investments and discusses practical applications like home-sharing for additional income while emphasizing the importance of understanding market dynamics and bond yields.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode