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Kelly Capital Growth Investment Criterion, The: Theory And Practice

Av Edward O Thorp (red), Leonard C Maclean (red), William T Ziemba (red)
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World Scientific Handbook in Financial Economics Series
  • Pocket

  • 2011

  • Engelsk

Provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. This volume covers various aspects of the theory and practice of dynamic investing. It discusses good and bad properties, as are fixed-mix and volatility induced growth strategies.

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