Blog

1: Shannon’s Demon, Made Exact

How to make an exponential amount of money from a portfolio of lemons without shorting anything

quantitative finance

information theory

Kelly criterion

risk-neutral measure

log-optimal investing

volatility harvesting

If intuition is any guide, it shouldn’t be possible for a long-only portfolio to be profitable when each of its component assets is a lemon, unless, of course, one is…

Jordan McKittrick

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