The Kelly formula tells us that the secret to long-term success is to learn how to control the proportion of your "betting."
In investment, it is not about going all in to get rich quickly, but rather controlling your position based on the odds and keeping some chips.
Life is like a long game, your goal is not to win once, but to ensure that you can keep playing. As long as you don't get eliminated, good things will definitely happen.
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The Kelly formula tells us that the secret to long-term success is to learn how to control the proportion of your "betting."
In investment, it is not about going all in to get rich quickly, but rather controlling your position based on the odds and keeping some chips.
Life is like a long game, your goal is not to win once, but to ensure that you can keep playing. As long as you don't get eliminated, good things will definitely happen.