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Re:Kelly Criterion by EvanAnderson on Friday April 16, 2021 @12:35PM (#26836030)
I upvoted you because, while you aren't correct in your assessment, I think this is a good "teachable moment". Human intuition about statistics is really, really bad.

I think people who have a better-than-average understanding of statistics forget how bad their intuition is. I suspect it leads to a lot of incorrect assumptions about what a "rational" behavior for someone working from only their statistical intuition would be.

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