On Wed, Sep 15, 2010 at 4:33 PM, Brian Schott <[email protected]> wrote: > Has anyone studied/programmed the Kelly criterion > for financial analysis? > > http://en.wikipedia.org/wiki/Kelly_criterion
The trick, of course, lies in determining the probability of success. (As a general rule, better estimates of probability come with increased competition and lower payoffs.) -- Raul ---------------------------------------------------------------------- For information about J forums see http://www.jsoftware.com/forums.htm
