The “Fallacy” of Maximizing the Geometric Mean in Long Sequences of Investing or Gambling

DOI10.1073/pnas.68.10.2493zbMath0226.62111OpenAlexW1998052780WikidataQ37489098 ScholiaQ37489098MaRDI QIDQ5633548

Paul A. Samuelson

Publication date: 1971

Published in: Proceedings of the National Academy of Sciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1073/pnas.68.10.2493

Mathematics Subject Classification ID

Applications of statistics to economics (62P20)

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