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benjamincongdon.me | ||
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entropicthoughts.com
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| | | | | [AI summary] The article discusses the mathematical basis for determining whether insurance is worth it, using the Kelly criterion to calculate the optimal premium based on wealth, probability, and potential losses. | |
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andrewjaffe.net
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www.lesswrong.com
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| | | | | Suppose you know what outcomes are better than what other outcomes, but not by how much. Given two possible actions you could take,AandB, if you k... | |
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jlcollinsnh.com
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| | | Back in July 2017, I found myself up in the far north of Maine looking out at the Atlantic Ocean. I was a guest of one A. Noonan Moose. Mr. Moose owns the beach house with this lovely view where we were guests and it is a far more impressive place than my little shack.... [Continue Reading] | ||