The details of my Big Bet against Krispy Kreme

[schnoodleC]

If your going to start talking EV, in terms of poker analogies you should think tournaments to some extent instead of cash games. Our cash game EV decisions assume infinite bankroll (assuming we are playing with a large enough roll relative to our stakes). With investing, you lose not only the money but the opportunity to make money from that money. That is why the #1 rule of investing is don't lose money...