This is an investment strategy founded upon rigorous mathematical proof. I think if you read the "statement" section, you will find the basics comprehensible.
http://en.wikipedia.org/wiki/Kelly_criterion
An automatic calculator for investing on the Kelly Criterion:
http://rldinvestments.com/Kelly%20Calculator/js/Money%20Management.html
Of course, the catch is still and always maximizing one's accuracy in determining the probability of winning.
http://en.wikipedia.org/wiki/Kelly_criterion
An automatic calculator for investing on the Kelly Criterion:
http://rldinvestments.com/Kelly%20Calculator/js/Money%20Management.html
Of course, the catch is still and always maximizing one's accuracy in determining the probability of winning.
