The "Just One More" Paradox
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Code I wrote for this video: https://github.com/manforowicz/Manim-Videos/blob/main/kelly_criterion.pyGreat ergodicity economics blog post by Jason Collins: h...
  • limitedduck
    1·
    3 years ago

    My takeaways would be:

    1. Never trust averages on their face
    2. Being consistent gives you an advantage
    3. Always be looking to reevaluate your situation and maximize what you can get out of it