{
  "annotation_id": "bda0ef0f-5837-4903-8d75-74c5be819733",
  "date_created": "2026-03-02T18:01:11.215000Z",
  "date_modified": "2026-03-02T18:01:11.215000Z",
  "file_hash": "876491d5b171b3f39877e3d6db988be3a964229d745964286836afc5e309116c",
  "private": false,
  "record": {
    "abstract": "Kelly criterion, that maximizes the expectation value of the logarithm of\nwealth for bookmaker bets, gives an advantage over different class of\nstrategies. We use projective symmetries for a explanation of this fact.\nKelly\u0027s approach allows for an interesting financial interpretation of the\nBoltzmann/Shannon entropy. A \"no-go\" hypothesis for big investors is suggested.",
    "arxiv_id": "physics/0607166",
    "authors": [
      "Edward W. Piotrowski",
      "Malgorzata Schroeder"
    ],
    "categories": [
      "physics.soc-ph",
      "physics.data-an",
      "q-fin.PM"
    ],
    "doi": "10.1140/epjb/e2007-00126-3",
    "title": "Kelly Criterion revisited: optimal bets",
    "url": "https://arxiv.org/abs/physics/0607166"
  },
  "schema_id": "dorsal/arxiv",
  "source": {
    "execution_id": "4ac1d5c2-26d7-4424-9ecd-8080b0e928f5",
    "id": "arXiv Dataset IDs",
    "type": "Model",
    "variant": "snapshot-2026-03-01",
    "version": "0.1.0"
  },
  "user_id": 1000002
}