Re: "bet" or "bad"


Posted by Bisser on July 14, 1997 at 20:58:47: In Reply to: Re: Reasons for Kelly posted by Bisser on July 14, 1997 at 20:06:48:


Here is my Freudian slip: "utility = log(money)" is not such a bet (should have been "bad") approximation to the value of money...

Bisser



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