The Ledger

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Disclosure
Greenblatt: Position sizes are determined by downside risk, not upside potential
“The biggest positions I've had are not my best ones. The ones that I think will go up five or 10 times. I'm really looking down, not up when I take a big position. So in other words, I will size the position larger if I don't think I can lose much money.”
Joel Greenblatt May 18, 2021 ▶ 19:42 #111 Joel Greenblatt: Investing Made Simple
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