The "Just One More" Paradox
www.youtube.com
Code I wrote for this video: https://github.com/manforowicz/Manim-Videos/blob/main/kelly_criterion.pyGreat ergodicity economics blog post by Jason Collins: h...
  • @xmunk
    2•8 months ago

    Ah, I was assuming that the premise was all-in on each gamble. It’s true that it will work with small increment gambles.