2min snip

We Study Billionaires - The Investor’s Podcast Network cover image

RWH015: Betting Better in Markets & Life w/ Annie Duke

We Study Billionaires - The Investor’s Podcast Network

NOTE

Statistical Concepts in Investing

Statistical concepts from poker, such as the law of large numbers, have strong applications in investing. Near transfer, like between poker and options trading, shows how similar strategies can be. Statistical lessons can be applied across various domains in investing, regardless of the field's proximity, leading to valuable insights for investors.

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