Mastering the Meta of Bet Sizing
Hey fam, let's dive into a crucial aspect of betting and trading that often gets overlooked: position sizing. While everyone's out here trying to find the next 10x play, the real edge comes from not just what you bet on, but how much you bet. Case in point, this fascinating study by Haghani and Dewey in 2016. They had a bunch of students and young finance professionals bet on a coin toss where the odds were clearly in their favor. The coin had a 60% chance of landing on heads, and t...
Mastering the Meta of Bet Sizing
Hey fam, let's dive into a crucial aspect of betting and trading that often gets overlooked: position sizing. While everyone's out here trying to find the next 10x play, the real edge comes from not just what you bet on, but how much you bet. Case in point, this fascinating study by Haghani and Dewey in 2016. They had a bunch of students and young finance professionals bet on a coin toss where the odds were clearly in their favor. The coin had a 60% chance of landing on heads, and t...
