[Twitter | X] Nassim Nicholas Taleb on the Kelly Criterion and Mutual Information in Investment Settings

DISCUSSION
Thanks to a 6 hours flight delay, relied on the soothing effect of mathematics & tried to figure out the effect of side information in a Kelly-style betting framework, which requires re-deriving Kelly.
Any derivation/sign errors? pic.twitter.com/dI2BQGeSUR

— Nassim Nicholas Taleb (@nntaleb) August 7, 2024

I think I managed to (re?)derive the equivalent of Mutual Information from side information in a continuous setting. pic.twitter.com/GlelkSHHXB

— Nassim Nicholas Taleb (@nntaleb) August 8, 2024

pic.twitter.com/qPFlEY7qOh

— Nassim Nicholas Taleb (@nntaleb) August 7, 2024