Concur. I’ve come to similar conclusions that Kelly is an excellent framework for sizing positions and one needs to adjust for temperament and imprecision of odds in the equity markets.
Based on examining my prior results and my own tolerance to drawdowns, I’ve landed on a flexible framework that’s somewhere between 1/8 and 1/4 Kelly. I would be more aggressive (1/4 to 1/3) if I wasn’t managing money for others too.
As I collect more data over my investment journey the framework will be adjusted/tweaked/finetuned.
- Forums
- ASX - By Stock
- CLT
- Ann: November Trading Update
Ann: November Trading Update, page-67
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online