Tag Archives: decision under uncertainty

Conviction feels powerful. Safety keeps you solvent.Val Sklarov’s Investment Strategies perspective treats investing as a survival discipline where protecting capital from permanent damage matters more than being right. 1. Conviction Does Not Reduce Risk Confidence does not change outcomes—structure does. Val Sklarov separates: Belief (psychological) Exposure (structural) High conviction with …

Most investors try to optimize returns. Val Sklarov designs to avoid irreversible loss.This Investment Strategies perspective treats capital as strategic optionality—valuable not for how fast it grows, but for how long it remains deployable. 1. Optionality Is the Real Asset Returns fluctuate. Optionality endures. Val Sklarov defines optionality as: Ability …