Kelly Criterion: Avoid Ruin
Naval
English - July 10, 2019 10:34 - 1 minute - 1.6 MB - ★★★★★ - 2.1K ratingsInvesting Business Technology education technology engineering gettingrich investing learning science startups wealth Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Principal-Agent Problem: Act Like an Owner
Next Episode: Schelling Point: Cooperating Without Communicating
Don't ruin your reputation or get wiped to zero.
• Don't bet everything on one big gamble 0:00
• Ruining your reputation is the same as getting wiped to zero 0:54
Transcript: http://nav.al/kelly-criterion