kelly

There's a cool equation called the Kelly Criterion to solve this but it only works for single bets.

Graphical calculi for monoidal categories date back to Kelly and Laplaza (1980), with later refinements by Joyal-Street and Yetter.

For all his training and his courage, Kelly is basically just another test mammal.

Especially the episodes with Kelly Starrett, Josh Waitzkin, Sam Harris, Peter Attia, Pavel Tsatsouline and Whitney Cummings.

I watch Kelly Starrett's podcasts and do what he says, but with a quarter of the weight.

However, Kelly uses science to show that simply by changing your mindset towards stress, you can change its long term implications for your health.

Look up Kelly Johnson and the Lockheed Skunk Works.

The intraday movement of stocks is small enough that you'd need to be using a large fraction of your capital on every single trade in order to overcome trading costs; and based on the Kelly criterion you'd need to have unrealistically high odds of betting correctly in order to avoid going broke.

I want people like those who looked at Kelly Johnson's engineering drawings and approved the SR-71; Marc, their batting average is much better than yours or nearly any VC (Chris Sacca may be on the way to being the only exception), and they fund just off pieces of paper.

While you say "still used some places", Kelly's site concerns dead media.

I'm really looking forward to Kelly Starrett's "Deskbound" to come out too.

Marc, from the article your evaluations look like you would have asked Kelly Johnson if his SR-71 could also fly to Mars and refuse to fund him unless he enthusiastically said "Mars?

He [Chait] cites an anonymous professor who says that "she and her fellow faculty members are terrified of facing accusations of triggering trauma." Consider that tweet I linked to earlier, from critic and artist Zahira Kelly, in which she implies that the whole of scientific inquiry is somehow invalid because it has been conducted mostly by white males.

Apparently the cards are still used some places, see Kevin Kelly's [3] site for some images and interesting comments.

I'm Jason Kelly, one of the Ginkgo co-founders -- happy to answer questions!

You can find this introduction (including topics like Kelly's criterion etc) in Cover's Elements of Information Theory, a good introduction to information theory in general if you like.