Expected Utility vs Expected Value. A great thinking framework for individual investors. Missing Billionaires book can help think about this topic. https://t.co/xCQaTTFyaf
Thank you KASZEK for an incredible Innovation and Leadership Program @ Stanford University Graduate School of Business . What an amazing, energetic, world class community!
@warren_craddock Out of ignorance, isn't hindsight bias part of this thread? When do you give up on an idea? How many great ideas remained impossible for a time? Is not disruptive innovation based on things that seem stupid (for most) for a while?
https://t.co/wWiEruaIla
Stepped up efforts by the SEC on crypyo assets. Pair this with US Congress bill giving the CFTC oversight on the crypto spot market. Interesting times ahead.