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Re:Strategy: How to Develop, Structure and Shape a Winning S... by alexpetralia on Sunday November 05, 2017 @05:04PM (#15631949)
And in a similar vein, you could use the Kelly criterion for how to optimally allocate your time/effort/capital.
Re:Strategy: How to Develop, Structure and Shape a Winning S... by cpeterso on Sunday November 05, 2017 @07:42PM (#15632745)
For those who, like me, didn't know what the Kelly criterion was: In probability theory and intertemporal portfolio choice, the Kelly criterion is a formula used to determine the optimal size of a series of bets.

https://en.wikipedia.org/wiki/Kelly_criterion