Our readingWhat is a korrent?
The wise bet heavily when the world offers them the odds, and not the rest of the time
Drawn from what Charlie Munger said
What this subject means
investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.
Mental modelProbabilistic thinking
On the topicWhich mental models help you think better?under our view: Think in probabilities, and bet big only when the odds are yours