Degen

"My answer is always the same. build more edge rather than risk more size. Don’t kill yourself chasing the jackpot. Log wealth is what matters. Maximize the 50th percentile outcome. Make your own luck. Avoid drawdowns. Eventually you will get there."

good read for those of us in the trenches

"My answer is always the same. build more edge rather than risk more size. Don’t kill yourself chasing the jackpot. Log wealth is what matters. Maximize the 50th percentile outcome. Make your own luck. Avoid drawdowns. Eventually you will get there."

good read for those of us in the trenches

https://www.scimitar.capital/p/the-jackpot-age

building @revealcam | previously @perl, cofounder SBLY.com, eng at Stripe | alum South Park Commons | peter-kim.com