David Stephens

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"Work for companies that you would invest in, invest in companies where you would work."

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"The Kelly criterion is meaningful only when gambling profits are reinvested. Take a gambler who starts with a single dollar and rein-vests his winnings once a week. (He does not add any more money, n…"

Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street by
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