Kelly Criterion & role of probability in taking bets - small changes in assumptions trigger large changes in outcomes - https://www.buoyantcap.com/2020/11/13/poll-forecasting-kelly-criterion-and-mean-reversion-2/
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Finnacle and Laukik Shah Classes are now Finnacle Institute
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Probability plays a key role in both casinos and equity markets, shaping risks and rewards. Just like understanding proton-ge helps optimize gaming performance, knowing probabilities can improve decision-making in investments and gambling.