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Money management deals with the question of how much risk a decision maker should take in situations where uncertainty is present. More precisely what percentage or what part of the decision maker's wealth should be put into risk in order to maximize the decision maker's utility function?

Money management gives practical advice among others for gambling and for stock trading as well.

See also


Finance

 

This article is licensed under the GNU Free Documentation License. It uses material from the "Money management".

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