2min chapter

The Security Analysis Podcast cover image

Michael Mitchell: Business Adventures

The Security Analysis Podcast

CHAPTER

Complexity, Parlay Bets, and Lessons from the Dot Com Bubble Collapse

Exploring the idea that complexity in a strategy reduces the likelihood of success, using the mental gymnastics meme as an analogy. The episode also delves into parlay bets and the potential acceptability of complex strategies with asymmetric payoffs, before reflecting on the lessons from the dot com bubble collapse.

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