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Problem is that your bets have to be of a certain size to make a difference. Making 100% on $100 is not doing much good for you. So the guy with less money has to take much higher relative risks if he wants to get somewhere.


that's get rich quick mentality. get rich quick mentality is bad.


Sometimes it's exactly the needed mentality. You can't always assume that you have all the time in the world to get to where you need to be.


If $100 doesn’t mean much to you, it probably isn’t 100% of your portfolio. Consider future cash flow from your labor in your portfolio.


Kelly Criterion




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