https://cuicaihao.github.io/tags/investment/Recent content in Investment on C.CUI's LogHugoen-AUThu, 23 Apr 2026 10:00:00 +1000https://cuicaihao.github.io/posts/2026-04-23-ergodicity-players-fear-variance-dealers-love-it/Thu, 23 Apr 2026 10:00:00 +1000https://cuicaihao.github.io/posts/2026-04-23-ergodicity-players-fear-variance-dealers-love-it/Discussion on ‘Ergodicity’ in economics and decision science, explaining why the expected value (ensemble average) often fails to represent individual fate (time average) in multiplicative systems like the stock market, and strategies to survive non-ergodic risks.https://cuicaihao.github.io/posts/2026-04-22-kelly-criterion-monetizing-cognition-multiplicative-world/Wed, 22 Apr 2026 10:00:00 +1000https://cuicaihao.github.io/posts/2026-04-22-kelly-criterion-monetizing-cognition-multiplicative-world/Introduction to the Kelly Criterion, explaining its origins in information theory and how it serves as a bridge between your cognitive edge and your betting or investment scale to maximize long-term compounding growth without going bust.