7 ms·
Interesting. Are you refering to kelly criterion?
by shakedown1 9y ago
Interesting. Are you refering to kelly criterion?
- au_gambler 9y agoThere needs to be some degree of risk aversion given the uncertainties in estimating your edge. I am thinking more along the lines of a CRRA utility function - something a little less aggressive than kelly.
- qwtel 9y agoin your opinion, is there any practical benefit over just using half kelly?