it depends on your assumptions. i updated some of the numbers, but if you have s... | Hacker News

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		jmtame on Jan 14, 2011 \| parent \| context \| favorite \| on: Math behind Dope Wars drug trading for profit it depends on your assumptions. i updated some of the numbers, but if you have suggestions definitely feel free to add a comment.

Read_the_Genes on Jan 17, 2011 [–]

Sorry to be so harsh, but this analysis is really lacking.

If you want to learn more about how to hedge bets, read about things like moment theory or the Kelly criterion.

Also, taking a measure like variance would be much more meaningful than just the spread of the payoff.

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