Re:The Kelly criterion: How to size bets (2019)
by demopathos on Tuesday February 08, 2022 @07:57PM
(#30267192)
I took a similar approach where I defined "ruin" as losing more than half my money and set a target "probability of ruin" for 5%. With a specific set of parameters I think this ends up being very similar to the maximize the median approach.
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