Kelly Criterion

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 15, 2024 by David Senra · across every show →

Everything said about Kelly Criterion, oldest first

Oct 15, 2024 neutral
Insight
The Kelly criterion implies 100% portfolio concentration given complete certainty
“The common sense outcome of that equation is that if one is certain of being right, one should invest the entire portfolio in that idea.”
David Senra Oct 15, 2024 ▶ 15:06 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
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