ELI5: Explain Like I'm 5

Bullet strategy

Okay kiddo, let me explain what a bullet strategy is in a way that is easy to understand.

Imagine you have a bunch of targets to hit, but you only have a limited amount of bullets. A bullet strategy is when you carefully choose which targets to shoot at first, so you don't run out of bullets before you hit the most important ones.

In the real world, a bullet strategy might be used in investing. Let's say you have a bunch of money to invest, but you don't want to put it all in one place. So, you choose to invest a little bit in a few different places, prioritizing the ones that you think will give you the most return on your investment.

In simple terms, a bullet strategy is a way of making smart choices and using your resources wisely so you can achieve your goals. It's like playing a video game and using your limited resources to beat the game - you have to choose your moves carefully so you don't waste them.

I hope that helps you understand what a bullet strategy is!
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