Martingale Strategy

topic on 1 show · 1 statements across 1 episodes

Capital Allocators

1 statements about Martingale Strategy, every show

Tepper: Prevatt Capital will only double down on a position once
“We will only double down once. If you start doing more than that, you're essentially following the Martingale strategy, which is also known as gambler's ruin, and it's always the house that wins, not the gambler.”
Jonathan Tepper Mar 18, 2024 ▶ 34:25 Jonathan Tepper - Buying Monopolies at Prevatt Capital (EP.375)

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