'Kelly Capital Growth Investment Criterion, The: Theory And Practice' - William T. Ziemba, Leonard C Maclean Et Al og Al Leonard C Maclean Et - Bog

Brand: William T. Ziemba, Leonard C Maclean Et Al og Al L

This volume provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. The strategy is to maximize long run wealth of the investor by maximizing the period by period expected utility of wealth w

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