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The Best Interest » probability

probability

playing card and poker chips and dices

Some Bets I’m Willing to Make

I care about long periods and large compounded returns over those periods. The odds are clearly in the investor’s favor when looking at those time scales.

abstract accuracy accurate aim

Streaks and Skill

My thoughts on investing have shifted over the years. New ideas consistently challenge me and force me to question my assumptions. The biggest: is there skill in investing?

Risk Posture

“If I compared 1000 401(k) maximizers against 1000 degenerate gamblers, which group would have a better financial outcomes?”

Their risk posture is key.