5 ms·

Most people find the Kelly criterion terrifyingly aggressive.

• joosters 7y ago
  Yes, although it is mathematically the ‘best’ way of increasing your bank, it is more aggressive than most people would be comfortable. IIRC, at any point in time, you have a 50% chance of losing half of your wealth at some point in the future, when following Kelly staking. Most people choose some fraction of Kelly stakes in order to be less aggressive