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