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A bit of a definitional issue -- the interpretation is mostly wrong; the solution is the correct solution to *a* question but not to *the right question to be asking*

9:31 PM · Dec 2, 2020Twitter Web App

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Dan Robinson

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and

What makes it the wrong question?

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It's trying to maximize EV[log(money)] instead of EV[money]. This is probably wrong in and of itself as an assumption to make. But if you *do* want to make that assumption, then e.g. you have to consider all of your assets that don't have anything to do with the pool.

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