E21 - Can you lose money picking 60% winners?

E21 - Can you lose money picking 60% winners?

Ep: 21 - Victor Haghani

Victor is a very well known finance and investing expert. Victor started out at Salomon Brothers before moving on to places including John Meriweather and Long Term Capital Management. Currently, he is the Founder and CEO of Elm Funds.

Victor joins the podcast to chat about a myriad of topics including his recent research paper and experiment titled Rational Decision Making under Uncertainty.

Link - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2856963

We discuss the results of the experiment with a biased coin (60% heads vs 40% tails) and the optimal bankroll and money management techniques for betting, wagering, investing and gambling.

Is it possible to lose long term when picking 60% winners? Can you bet too little or too much when the outcome is 60/40 in your favour? We discuss this and more.

The Business of Betting Podcast - A podcast about the business side of the betting, wagering and investing world.

Hosted on Acast. See acast.com/privacy for more information.

Jaksot(288)

E254 - Alex Kane & David Huffman from Sporttrade

E254 - Alex Kane & David Huffman from Sporttrade

On this special guest-host episode of the Business of Betting Podcast, Alex Kane, Founder & CEO of Sporttrade, steps in as host. He’s joined by David Huffman, Chief Operating Officer at Sporttrade.   ...

18 Heinä 202524min

E253 - Davis Catlin from Discerning Capital

E253 - Davis Catlin from Discerning Capital

On this episode of the Business of Betting Podcast, Jason is joined by Davis Catlin, Managing Partner at Discerning Capital, an investment firm focused on regulated gambling across sports, media, and ...

4 Heinä 202533min

E252 – Jason Trost on Zero Latency

E252 – Jason Trost on Zero Latency

On this special crossover episode of the Business of Betting podcast and Zero Latency: An Eilers & Krejcik Gaming Podcast, Jason Trost of Smarkets sits down with Brad Allen to explore the state of pre...

27 Kesä 202520min

E251 - Tony Trzeciak

E251 - Tony Trzeciak

On this episode of the Business of Betting Podcast, Jason is joined by Tony Trzeciak, angel investor and founder, to talk about betting data, AI, personal resilience, and one of the most powerful pers...

20 Kesä 202543min

E250 - Office Hours with Jason

E250 - Office Hours with Jason

On this episode of the Business of Betting Podcast, Jason returns for another Office Hours session, where he answers listener questions about the betting industry, regulation, funding strategy, and mo...

13 Kesä 202517min

E249 - Daniel Wallach from Wallach Legal

E249 - Daniel Wallach from Wallach Legal

On this episode of the Business of Betting Podcast, Jason is joined by Daniel Wallach, sports law expert and founder of Wallach Legal.   Hear them discuss: 04:35 - Daniel's leap from traditional law t...

9 Kesä 202555min

E248 - Tom Waterhouse from Waterhouse VC

E248 - Tom Waterhouse from Waterhouse VC

On this episode of the Business of Betting podcast, Jason is joined  by Tom Waterhouse, Managing Partner at Waterhouse VC and fourth-generation bookmaker. This episode was recorded in-person at the SB...

16 Touko 202531min

E247 - Jesse Learmonth

E247 - Jesse Learmonth

On this episode of the Business of Betting Podcast, Jason is joined by Jesse Learmonth, host of the Betting Startups Podcast, who guest-hosts to interview Jason about his company, Smarkets, and its cu...

9 Touko 202543min

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