With Stephen Perrenod, we explore how the Kelly Criterion can help you build a more effective investment portfolio. We dive into its application for Bitcoin and MicroStrategy stock (MSTR), offering a step-by-step look at optimizing risk and reward. Stephen brings a wealth of knowledge to the table. With degrees from MIT and Harvard, he’s an astrophysicist who pioneered computer models of galaxy clusters before transitioning to high-performance computing, AI, and Big Data. His unique perspective combines analytical rigor with a deep understanding of investment strategies. Whether you’re a Bitcoin enthusiast, a MicroStrategy investor, or just curious about smarter portfolio allocation, this conversation is packed with practical insights you can use. If you enjoy content that makes investing strategies accessible, don’t forget to like this video, subscribe to the channel, and check out the links in the description for more resources. --------------------------------------------------------------------------------------- Schedule a personalized demo with 21st Capital and let us show you how to secure your Bitcoin for the future: https://21stcapital.com/youtube --------------------------------------------------------------------------------------- 0:00 Introduction 2:16 What is Kelly Criterion : Maximize Bitcoin Portfolio 19:04 Applying Kelly Criterion to Annual Bitcoin data 27:29 Applying Kelly Criterion to Weekly Bitcoin Data 32:31 Bitcoin vs Gold vs Nvidia vs Retirement: Kelly Criterion Applied 54:40 Bitcoin vs Equity: Kelly Criterion Curves 59:23 Why invest in bitcoin: a Kelly Criterion analysis