Bets In Parallel

topic on 1 show · 1 statements across 1 episodes

20VC

1 statements about Bets In Parallel, every show

20VC Insight
Duke: Parallel portfolio bets reduce the penalty of individual inaccuracy
“Like if you can do a lot of bets in parallel, then the penalty for being less accurate on any single one of them is lower.”
Annie Duke Jan 11, 2021 ▶ 12:48 20VC: Annie Duke on Reversible vs Irreversible Decisions, How To Evaluate Risk, The Theory of Sunk Cost in Venture & How to Optimise Both the Discussion and Quality of Investment Decisions

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