preston on Nostr: I think his Bitcoin only (personally owned) position size is drastically undersized. ...
I think his Bitcoin only (personally owned) position size is drastically undersized. I have a very big concern for a 6102 style attack on MSTR, therefore the Kelly criterion math tells me a 5% or 10% position size should be the max based on the risk assumed for potential out performance. This math would be the same whether it’s me or Michael. So I would imagine it’s likely because of that. Now he will never get his position size down to those levels, but it’s the idea of balance that risk out of his overall portfolio positioning.
Published at
2024-04-26 11:16:30Event JSON
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"content": "I think his Bitcoin only (personally owned) position size is drastically undersized. I have a very big concern for a 6102 style attack on MSTR, therefore the Kelly criterion math tells me a 5% or 10% position size should be the max based on the risk assumed for potential out performance. This math would be the same whether it’s me or Michael. So I would imagine it’s likely because of that. Now he will never get his position size down to those levels, but it’s the idea of balance that risk out of his overall portfolio positioning.",
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