Epistemic Status: Reference Post / Introduction The Kelly Criterion is a formula to determine how big one should wager on a given proposition when given the opportunity. It is elegant, important and highly useful. When considering sizing wagers or investments, if you don't understand Kelly,
The Kelly Criterion
The Kelly Criterion
The Kelly Criterion
Epistemic Status: Reference Post / Introduction The Kelly Criterion is a formula to determine how big one should wager on a given proposition when given the opportunity. It is elegant, important and highly useful. When considering sizing wagers or investments, if you don't understand Kelly,