Asymmetry Principle
Why You Only Need to Be Right a Few Times for Wealth
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Beschreibung
Stop trying to be right. Start winning asymmetrically through mathematical logic.
The secret of great wealth lies not in predicting the future, but in exploiting asymmetries. 'The Asymmetry Principle' deconstructs the linear thinking of most investors. We show you how to enter positions where the risk of loss is limited, but the potential for gain is infinite.
Learn why it's better to be wrong 9 times and massively right once than to constantly make small gains. We examine the strategies of the most successful investors and how they protect themselves against rare but devastating events. This book offers hard training for your understanding of risk and chance.
Become the master of probability. We show you how to find market anomalies and how to separate your emotions from hard facts. Learn how to build a portfolio that profits from uncertainty instead of breaking under it. In a world of unpredictability, understanding asymmetry is your only real security. Bet on the impossible and win predictably. The math of wealth is asymmetric.
Autor*in
Thomas Valis
Author
Themen in »Asymmetry Principle«
finance investing strategy risk success market probability