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The Kelly Criterion: How to Make a Name for Yourself
Feds, from what I've experienced, the syndicates are looking at it with the Kelly criterion or whatever variation that where they're saying, is this a 53 and a half percent bet? Well, that means our ROI is X and we want that. It does feel like there's less touchy feeling, you know, this is called portfolio theory. There's books that are 700 pages long all about how do you allot your resources with correlated risk. And just to be clear, because people are listening to you closely trying, the up and comers are trying to criticize to make a name,.
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