“There is a deep connection between Bernoulli's dictum and John Kelly's 1956 publication. It turns out that Kelly's prescription can be restated as this simple rule: When faced with a choice of wagers or investments, choose the one with the highest geometric means of outcomes.”

— William Poundstone

Part Four, St. Petersburg Wager, Natures Admonition To Avoid The Dice, p. 191
Fortune's Formula (2005)

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William Poundstone 33

American writer 1955

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