tag:blogger.com,1999:blog-28086856.post8720773080929906138..comments2024-03-20T01:42:13.273+08:00Comments on Eight percent per annum: Value investing in Singapore stocks: Gambler's RuinJayhttp://www.blogger.com/profile/03292158817395898619noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-28086856.post-75218326431197395572009-04-18T01:05:00.000+08:002009-04-18T01:05:00.000+08:00Hi, great site with updated finance news. Thanks f...Hi, great site with updated finance news. Thanks for the link!Jayhttps://www.blogger.com/profile/03292158817395898619noreply@blogger.comtag:blogger.com,1999:blog-28086856.post-12607298743183758112009-04-14T23:03:00.000+08:002009-04-14T23:03:00.000+08:00Hello,
I really like your
Eight percent per annum...Hello,<br />I really like your <br />Eight percent per annum: Value investing in Singapore stocks. My site is also related to your blog.<br />Please check this out http://culverfinance.blogetery.com/<br /><br />Thanks<br />Gagan KumarAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28086856.post-64121504989384631192009-01-23T23:41:00.000+08:002009-01-23T23:41:00.000+08:00Hi Anonymous, I thought what you wrote is the same...Hi Anonymous, I thought what you wrote is the same as what I posted. I do not see any contradiction. The Kelly formula has enough publicity as it is and so I thought it was interesting to introduce the Gambler's Ruin.Jayhttps://www.blogger.com/profile/03292158817395898619noreply@blogger.comtag:blogger.com,1999:blog-28086856.post-63690569584738682662009-01-23T21:40:00.000+08:002009-01-23T21:40:00.000+08:00Perhaps you have mistaken the Kelly formula. The R...Perhaps you have mistaken the Kelly formula. The Risk of Ruin has to do with the probability of a player losing the entire bankroll given a fixed bet size.<BR/><BR/>So if the BR is only $100 and he chooses to bet $10 each time, the Risk of Ruin will be very high i.e. the probability of him losing entire BR is great.<BR/><BR/>But if a player knows his edge over the game and apply the formula, he will then be able to come up with a suitable bet size for each trade that will keep the Risk of Ruin down.Anonymousnoreply@blogger.com