I just wouldn’t use the word “Kelly”, I’d talk about “maximizing expected log money”.
Ah, sure. Dear child has many names. Another common name for it is “the E log X strategy” but that tends to not be as recogniseable to people.
you say “this is how to mathematically determine if you should buy insurance”.
Ah, I see your point. That is true. I’d argue this isolated E log X approach is still better than vibes, but I’ll think about ways to rephrase to not make such a strong claim.
Ah, sure. Dear child has many names. Another common name for it is “the E log X strategy” but that tends to not be as recogniseable to people.
Ah, I see your point. That is true. I’d argue this isolated E log X approach is still better than vibes, but I’ll think about ways to rephrase to not make such a strong claim.