Best of 2018

The blog posts Hacker News loved most in 2018. 2,330 posts.

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1360

Kelly Criterion (2007)

It’s fairly clear when one should buy a particular stock. One should buy stock when it is undervalued. What I have always wondered about is how much stock one should buy. A few months ago I stumbled upon the answer which is given by the Kelly criterion . It says that one should invest an amount to maximize one’s…

1363

E-Mail Leaves an Evidence Trail

If you’re going to commit an illegal act, it’s best not to discuss it in e-mail. It’s also best to Google tech instructions rather than asking someone else to do it: One new detail from the indictment, however, points to just how unsophisticated Manafort seems to have been. Here’s the relevant passage from the…