Dom: Good ideas here. Thanks for sharing. I'm finishing a book on this all-important concept of expected value (asymmetry) and how superinvestors decide.
My book will explain why superinvestors demand $3 or more of reward for every dollar of risk. My book also introduces a simple formula I created to determine the maximum amount an investor can risk and where to put their stop-loss based on their price target, stock price, chance of success, and expected value multiple hurdle rate.
Dom: Good ideas here. Thanks for sharing. I'm finishing a book on this all-important concept of expected value (asymmetry) and how superinvestors decide.
No problem - glad you enjoyed. What is the book if I may ask?
My book will explain why superinvestors demand $3 or more of reward for every dollar of risk. My book also introduces a simple formula I created to determine the maximum amount an investor can risk and where to put their stop-loss based on their price target, stock price, chance of success, and expected value multiple hurdle rate.