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Ole Peters
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Fellow and PI, Ergodicity Economics, @LdnMathLab. External Professor, @sfiscience.
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Nov 11, 2022
1/ The most seductive tool in finance is leverage. Increase it and your expected wealth goes up. Your time-average wealth eventually goes down, but that's not in textbooks, regulations, due diligence. Get lucky get really rich; otherwise (clients)
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