Do you gamble?

Do you gamble?

Many people lost lots of money in the past “investing” too much of their money into perceived lucrative opportunities. Think Gamestop. During the GameStop short squeeze in early 2021, many retail investors rushed to buy GME shares as the stock price soared due to the...
Do You Want To Be Wealthy Or Just Rich?

Do You Want To Be Wealthy Or Just Rich?

Exploring the True Meaning of Wealth When most people think of wealth, the first thing that comes to mind is money – being rich, having a large bank balance, owning properties, or being able to afford luxury goods. However, while being rich typically refers to...
Leverage

Leverage

Leverage is a powerful tool in both investing and trading, allowing individuals and institutions to amplify their potential returns by borrowing money or using other financial instruments. When used wisely, leverage can significantly enhance profits. However, it also...
Bayes Reasoning

Bayes Reasoning

Bayes’ reasoning is a powerful tool for decision-making under uncertainty. It’s used not just in statistics but also in various fields like medicine, artificial intelligence, economics, and investing. The crux of Bayes’ reasoning is updating your prior beliefs...