HOPKINTON — The Narragansetts, one of the dominant tribes in New England, created a network of trails throughout their lands, connecting hunting and fishing grounds, trade routes, nearby villages and ceremonial spots.

But exploring the caves was not part of our plan, and we continued on until the trails split. The yellow-blazed Tippecansett Trail went right and east into Rhode Island. We took the blue-blazed Narragansett Trail that turned west into Connecticut.

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Economists warn that although the Kelly criterion works for generating wealth, it’s still a gamble with pitfalls of its own. For one, it assumes that you know your probability of winning a bet, which can be true in many casino games but less so in fuzzy domains such as the stock market. Also, Kelly asserts that in the coin-toss experiment, you’re most likely to grow your wealth if you keep betting 20 percent of it. But if you have $1 million to your name, it’s perfectly reasonable not to want to gamble $200,000 on a coin flip. At some point, you will need to price in your personal level of risk aversion and adjust your fiscal decisions to respect your own preferences.

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The trail flattens before descending to a swampy area above a stream clogged by a beaver dam. We crossed a wooden bridge just below the dam and climbed a short, steep ice-split glacial erratic. I used my hands to get to the top, where the trail leveled out.

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Food & Beverage, Gourmet archivos - Cecilia Vidal
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Food & Beverage, Gourmet

Food & Beverage, Gourmet