Hi Guys,
Although this referenced article appeared a few days ago, I don't recall seeing a Link to it on this informed and informative site:
https://www.farnamstreetblog.com/blog/The investing equation discussed is simple and correct, although it is highly unlikely that anyone knows the needed probabilities or the magnitudes of the expected outcomes with any precision. But, overall, this simplified model does provide a guide to realistic expectations which has some value. Making a good decision given these huge unknowns is difficult in the extreme. But it's a challenge that we all confront, and somehow, each of us in our own special way, manage to sufficiently resolve to make an investment decision.
The referenced article might help in this process. I hope so. Good luck and good decision making to all.
If this Link was posted earlier, I apologize for my ignorant redundancy.
Best Regards
