3 ms·
If you bet with the -1/x utility function, then the optimal strategy is to always bet about 10.1% of your money. I find this to give a good tradeoff between the
by cevi 5y ago
If you bet with the -1/x utility function, then the optimal strategy is to always bet about 10.1% of your money. I find this to give a good tradeoff between the variance and the rate of exponential growth.