Re:The Line Between Aggressive and Crazy
by ahstilde on Sunday October 29, 2017 @10:47PM
(#15582803)
I'm unable to make heads-or-tails (har har har) of the Gwern blog post. Admittedly, my knowledge of statistics and machine-learning is lacking, but is there summary I can work backwards from?
[ Parent
| on HN ]
The first grey box with text in it _is_ the summary.
The actionable takeaway for me is to try and solve this problem with some machine learning approaches, since it's simple enough that we compare to exact solutions, but also interesting enough.
The takeaway from a social point of view is that even people working in finance are not very good at playing these games individually. (The companies they work for might still be doing much better as a collaborative effort, and with more simulations and backtesting used.)