Expected value calculations for investment decisions

Sometime you read something so fundamentally interesting that you wish you were the one smart enough to figure it out so you could write about it yourself. Here’s one of those. 

Expected Value Calculations – Millionaire’s math

Most people don’t think in terms of EV, and it’s costing them a lot of money.

If you’re not familiar with EV, you’re probably asking, “okay, what is EV, and how can I use it to make more money?”. Even people who are familiar with EV have sent me emails asking how they can apply it to business to make more profitable decisions.

Read the full post by Billy Murphy at ForeverJobless.com