Ergodicity and Kelly Criterion

Ergodicity - Ensemble Average vs. Time Average - Ole Peters

https://www.youtube.com/watch?v=f1vXAHGIpfc

Kelly Criterion for bet sizing under known outcomes

https://en.wikipedia.org/wiki/Kelly_criterion#Application_to_the_stock_market

Geometric Brownian Motion

https://en.wikipedia.org/wiki/Geometric_Brownian_motion