9th May 2017, 02:58 PM
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Member
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Join Date: Aug 2007
Posts: 446
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Good watch, actually watched the whole thing.
One thing I was a bit sceptical of, or maybe I have misinterpreted it, but when he was showing how the Kelly criterion works on the coin toss. He was betting 25% per toss, ie a run of 4 wipes him out, yet in his samples it was the best method. That doesn't quite add up to me.
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