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TIP546: The Holy Grail of Long-Term Value Investing
We Study Billionaires - The Investor’s Podcast Network
The Kelly Formula: Understanding Optimal Bet Sizing
Seeking Alpha Premium is a leading community for investors and a great source of investment analysis and opinion./nThe Kelly formula is used to determine the optimal bet size for a given set of probabilities and payoffs./nThe Kelly formula considers the probability of both winning and losing the bet, as well as how much is won and lost./nThe formula is best suited for games with known probabilities, which can be difficult to determine in investing.
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