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SBF
@SBF_FTX
Replying to
@tbr90
so you're saying that if you don't happen to think that $10k is exactly the perfect investment then 100% is definitely the perfect size? or something else?
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SBF
@SBF_FTX
Replying to
@tbr90
"Im saying once you violate a full Kelly optimal bet, you may as well do whatever you want bc you’re no long following wealth maximizing strategy " imagine trying to tell that one to your risk management team :P
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SBF
@SBF_FTX
Replying to
@tbr90
sure -- note that your bankroll isn't actually a number, it's a complex function which is correlated to your bet outcomes, so it's not trivial to figure out what log bets even mean in that case.
1