Warren Buffett predicted the Dow Jones Industrial Average (DJIA) will reach 1 million within a hundred years. It’s not so far fetched if you do the math.
Probabilistically Thinking
2017-03-03, Jason Reed
17th century mathematicians Blaise Pascal and Pierre de Fermat advanced our understanding of probability with what is now called the Gambler’s Ruin Problem.
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Consistently Different
2015-12-04, Jason Reed
Our investment philosophy is to create concentrated portfolios of businesses that generate above average returns with below average risk.