
Ep. 1069: Algos, Negotiation, Meditations with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The History of the Multi-Arm Bandit Problem
The multi-arm bandit problem has this really colorful history in the history of mathematics. For most of the 20th century it was considered unsolvable, not just a difficult problem but literally unsolvable. The basic intuition behind Wednesday lose shift is just if something worked, do it again. If you went to a restaurant and had a good meal there, go back.
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