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Ok, I didn't know about this. Thanks! How did you learn about it? I'm trying to figure out why I didn't know this.
by JabavuAdams 11y ago
Ok, I didn't know about this. Thanks! How did you learn about it?
I'm trying to figure out why I didn't know this.
- danieltillett 11y agoI lost money (luckly not too much) in the stock market on a position where I was right and I didn't know why. I decided to find out and I learned that the size of my trade was larger than the Kelly criterion. The Kelly criterion seems to not be well known - why I can't say other than there are a lot of groups that benefit from people being ignorant of it.