Category: Investment
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Crowns net profit falls
Crown Resorts Limited saw a fall in net profit after tax of 24% as of 31 December 2015. One of their strong income generators was based on the performance of Melco Crown Entertainment. This includes the Macau Hotel/Casino properties and the City of Dreams in Philippines. They stated that the drop in revenue from these…
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The Kelly Criterion Defined
If you’re looking to take on investing on your own, there are some important tools and strategies you’ll need to know. Many of these are simple equations you can adapt to a number of markets. One such is example is known as the Kelly Criterion. This simple equation was invented by John Larry Kelly Jr.…