Odd Lots: These Are the Mathematical Concepts Investors Should Know
What's the optimum amount of money you should bet on a particular outcome? The answer is dictated by mathematics, yet plenty of people still go against the laws of numbers and probabilities when it comes to investing their money.
This week we speak with Victor Haghani, CEO of Elm Partners Management LLC and the co-founder of the collapsed hedge fund Long-Term Capital Management LP, about the most important mathematical concepts for investing. We also discuss the pros and cons of quantitatively-led finance.