Sizing Your Bets with the Kelly Criterion feat. Nicholas Yoder
On episode #15 of Forcing Function Hour, Chris Sparks is joined by Nicholas Yoder for a conversation on correctly sizing your investments using the Kelly Criterion.
Nicholas Yoder is a mathematician with twelve years of experience in derivatives trading and quantitative finance. He gives lectures to various institutions including The World Bank, Carnegie Mellon, and billion-dollar hedge funds.
“There are two keys to success in investing:
Identifying profitable opportunities
Correctly sizing bets.
Number one is the easy part. Bet sizing separates the professionals from the amateurs.”
Join Chris and Nicholas on November 10th for a 45-minute conversation followed by an audience Q&A. You'll learn how to maximize your risk-adjusted returns and make sure you stay in the game. After you register, we’ll email you a calendar invite and a link to the recording afterward.
On Forcing Function Hour, Chris Sparks interviews elite performers to reveal routines, systems, and mindsets for achieving world-class performance in business.
Explore previous episodes at forcingfunctionhour.com.