Kelly Betting Discussion
This Sunday join an informal discussion with Abram Demski, Lsuser, SimonM and Bunthut on the subject of Kelly Betting.
The Kelly Criterion is a formula for bet-sizing that leads (almost) surely to higher wealth compared to any other strategy in the long run.
Last month, on LessWrong, we had a number of posts exploring the concept of Kelly Betting. It seemed useful to have a live conversation where people could dig deeper into the concept, and discuss their open questions.
We’ll be meeting in the Walled Garden at noon PM this Sunday:
https://www.lesswrong.com/walledGardenPortal/?code=6AdT&event=kelly-betting
To disambiguate, this is 12 pm Pacific Time.