Portfolio Choice And The Bayesian Kelly Criterion On Jstor
ContentPlay Our Baseball Betting Game To Test Your Understanding Of Risk And RewardWhat Does Kelly Criterion Mean For Me In Layman’s Terms?Poker Strategy
This method of selection of optimal bets may be applied also when probabilities are known only for several most promising outcomes, while the remaining outcomes have no chance to win. The general result clarifies why leveraging decreases the optimal fraction to be invested, as in that case . […]