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What I like to do is I like to place asymmetric bets where, if I am right, I will be paid extremely well, and if I'm wrong, I just lose my little entry fee. So, they have lottery ticket-like characteristics except.... the expected value is positive unlike the lottery where it's
negative.
Naval Ravikant
Naval Ravikant Takes Asymmetric Bets With Positive Expected Value
Naval Ravikant on Clubhouse - 2/28/21
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