Top all-time · #22922
Christian Aichinger
Personal blog · greek0.net/blog · on HN as Greek0programmingsystems
Christian Aichinger's personal blog at greek0.net covers programming and systems. Since 2016, 3 different Hacker News readers have linked it 5 times. The last post was in 2022, but the archive is still widely read.
Too few sampled comments (1) to say how often HN recommends it.?
Why HN links it
Linked as a toy model of the Kelly criterion, the bet-sizing rule that maximises growth rate. The post argues the rule can be optimal even when utility is linear.
Summarised by Claude from a sample of 1 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Christian Aichinger is writing on software development (Python, C++, Boost, ELF), engineering management and science.
What Hacker News says?
>Sometimes people say that because the Kelly criterion maximises growth rate it will be the best "in the long run" even if your utility function isn't logarithmic. But I've never seen any evidence of this. Does anybody know of a toy model where you can prove the Kelly criterion is optimal even if your utility is linear? Here's one https://greek0.net/blog/2018/04/18/kelly_criterion3/ Basically it says that if you are…
Comment linking /blog/2018/04/18/kelly_criterion3/
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HN discussion