Add training workflow, datasets, and runbook

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+Understanding and Managing Leverage    • 183
+I’ve used for calculation. All OTM options will be marked with an IRL fol-
+lowed by the percentage of the total portfolio used in the option purchase 
+(not the percentage of the individual allocation but the total percentage 
+amount of your investment capital). On my website, you’ll find an online 
+leverage tool that allows you to calculate these numbers yourself.
+Managing Leverage
+A realized loss is, to me, serious business. There are times when an inves-
+tor must take a realized loss—specifically when his or her view of the fair 
+value or fair value range of a company changes materially enough that an 
+investment position becomes unattractive. However, if you find yourself 
+taking realized losses because of material changes in valuation too often, 
+you should either figure out where you are going wrong in the valuation 
+process or just put your money into a low-load mutual fund and spend 
+your time doing something more productive.
+The point is that taking a realized loss is not something you have to do 
+too often if you are a good investor, and hopefully, when those losses are taken, 
+they are small. As such, I believe that there are two ways to successfully manage 
+leverage. First is to use leverage sparingly by investing in combinations of ITM 
+options and stocks. ITM option prices mainly represent intrinsic value, and be-
+cause the time-value component is that which represents a realized loss right out 
+of the gate, buying ITM options means that you are minimizing realized losses.
+The second method for managing leverage when you cannot resist 
+taking a higher leverage position is spending as little as possible of your 
+investment capital on it. This means that when you see that there is a com-
+pany that has a material chance of being worth a lot more or a lot less than 
+it is traded for at present but that material chance is still much less likely 
+than other valuation scenarios, you should invest your capital in the idea 
+sparingly. By making smaller investments with higher leverage, you will 
+not realize a loss on too much of your capital at one time, and if you are 
+right at least some of the time on these low-probability, high-potential-
+reward bets, you will come out ahead in the end.
+Of course, you also can use a combination of these two methods. For 
+example, I have found it helpful to take the main part of a position using a