Re:I Am Sam Altman, President of Y Combinator. AMA
by danieltillett on Sunday March 20, 2016 @05:30AM
(#11322352)
I lost money (luckly not too much) in the stock market on a position where I was right and I didn't know why. I decided to find out and I learned that the size of my trade was larger than the Kelly criterion.
The Kelly criterion seems to not be well known - why I can't say other than there are a lot of groups that benefit from people being ignorant of it.
I'm trying to figure out why I didn't know this.