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Re:Nassim Taleb, Absorbent Barriers and House Money by choffstein on Wednesday March 07, 2018 @11:54AM (#16537682)
"Kelly maximizes utility of money modeled as a logarithmic function."

Absolutely true, but consider what log utility also creates a decision rule that leads to growth-rate optimization under multiplicative bets.

You may find these notes from Ole Peters interesting https://ergodicityeconomics.files.wordpress.com/2017/03/ergo...

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