Chai with Pabrai Home. If you are a new investor to the Free Lunch Portfolio, you can just equal weight these 15 stocks (i.e., invest the same amount of money in each of these 15) between now and early January 2022.. pdf: Download File. In Conversation With Ajay Antony, Founder & Teacher, The Physics Chamber.. “The Dhandho Investor” by Mohnish Pabrai. 7.
In probability theory, the Kelly criterion (or Kelly strategy or Kelly bet), is a formula that determines the optimal theoretical size for a bet. It is valid when the expected returns are known. The Kelly bet size is found by maximizing the expected value of the logarithm of wealth, which is equivalent to maximizing the expected geometric growth rate. J.
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