by Jake Jacobs
12 August 2014
I like big bets and I cannot lie
No one in my chouette can deny
If the Crew comes in with an itty-bitty double
If they don't like beavers, they're in trouble!
My co-conspirator for today's article suggested the Sir Mix-A-Lot references; you could say "the Pottle made me do it. Rather than have Sam raise a rumpus, or make me the butt of his jokes, to avoid falling behind I came up with a few smart cracks. Hopefully the results will back us up. (Sam felt coauthor gave him too much credit – or possibly too much blame. He gets credit for any of the math that is right. Any that is wrong I screwed up on my own. And while it was I who rewrote the lyrics to "Baby Got Back," it was Sam, who has watched the video 347 times, who suggested it. )
Last month I introduced the idea of using the Kelly Criterion to decide how much you should put at risk. The lead in was a discussion of books by Michelin Chabot, who used, or abused, Kelly. As a refresher, let me repeat the details of his Incredible Chabot Paradoxical Proposition.
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