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Example of the optimal Kelly betting fraction, versus expected return of other fractional bets. In probability theory, the Kelly criterion (or Kelly strategy or Kelly bet) is a formula for sizing a sequence of bets by maximizing the long-term expected value of the logarithm of wealth, which is equivalent to maximizing the long-term expected geometric growth rate.
John Larry Kelly Jr. (December 26, 1923 – March 18, 1965), was an American scientist who worked at Bell Labs. From a "system he'd developed to analyze information transmitted over networks," from Claude Shannon's earlier work on information theory , he is best known for his 1956 work in creating the Kelly criterion formula.
Leighton Marissa Meester (/ ˈ l eɪ t ən / LAY-tən; [1] born April 9, 1986) [2] is an American actress, singer, and model. She is known for her starring role as Blair Waldorf on the CW television series Gossip Girl , which ran from 2007 to 2012.
Headquarters. Service Corporation International is an American provider of funeral goods and services as well as cemetery property and services. It is headquartered in Neartown, Houston, Texas, and operates secondary corporate offices in Jefferson, Louisiana (near New Orleans).
Leighton Schubert, state representative from Caldwell, Texas; former Houston resident [53] Jim Sharp, state court judge, 2009–2014; Stephen Susman (1941–2020), plaintiffs attorney and a founding partner of Susman Godfrey; Sylvester Turner, 62nd mayor of Houston; Kathryn J. Whitmire, first female mayor of Houston; served five terms
Houston, Texas 77007 Phone: 713-222-3800 Fax: 713-222-3850 Counsel for Plaintiff(s) DRINKER BIDDLE & REATH, LLP BY: KENNETH A. MURPHY, ESQUIRE MELISSA A. GRAFF, ESQUIRE One Logan Square, Suite 2000 Philadelphia, Pennsylvania 19103-6996 Phone: (215)988-2700 F:(215)988-2757 E-mail: kenneth.murphy@dbr.com
Motiva Enterprises, LLC is an American company that operates as a wholly owned US subsidiary of Saudi Aramco. Headquartered in Houston , Texas , it had revenue of $37 Billion. [ 5 ] Motiva operates as a distributor of Shell and 76 branded gasolines within its operating territory.
Ryan LLC was founded by Chairman and CEO G. Brint Ryan [8] and Chris F. Collis as the CPA firm Collis & Ryan in 1991. [9] [10] Collis' stake in the company was bought out in 1993, and the company was renamed Ryan & Company, P.C. [10] In 1997, the company began expanding into other tax areas beyond state and local taxes.