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July 30th, 2017, 01:33 PM  #1 
Newbie Joined: Jul 2017 From: London, England Posts: 2 Thanks: 1  The Kelly Criterion
I have written up a derivation of the Kelly criterion. I would be interested to get peoples thoughts on how easy you can follow it. I wanted a high school student who understands the idea of expected values in statistics and how to differentiate the function $\ln f(x)$, to be able to follow it. Also, do you think the problems I wrote at the end are too challenging? Any comments would be appreciated. Max 

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