Exactly. You would expect hypersuccess or bust to be a lower mean strategy than maximize EV.
Not necessarily. Returns could be long tailed, so hypersuccess or bust could be higher EV. though you might be risk averse enough that this isn’t worth it to you.
Maximize EV is probably a skewed distribution. But maximize skewness+variance+EV is lower EV than maximize EV for almost certain.
Exactly. You would expect hypersuccess or bust to be a lower mean strategy than maximize EV.
Not necessarily. Returns could be long tailed, so hypersuccess or bust could be higher EV. though you might be risk averse enough that this isn’t worth it to you.
Maximize EV is probably a skewed distribution. But maximize skewness+variance+EV is lower EV than maximize EV for almost certain.