The "Just One More" Paradox
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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·
    11 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.