> The problem and solution appear to come from Thomas Cover.
I don’t recall this specific example, but I learned about the Kelly criterion in a class that Thomas Cover taught. He was one of my favorite teachers, and any discussion with him was guaranteed to be interesting and worthwhile. RIP.
I don’t recall this specific example, but I learned about the Kelly criterion in a class that Thomas Cover taught. He was one of my favorite teachers, and any discussion with him was guaranteed to be interesting and worthwhile. RIP.