Implement the 60-40 game over 300 iterations and show the fortune of the game for several runs.

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Implement the 60-40 game over 300 iterations and show the fortune of the game for several runs. Assume the return upon success is 88 %. Experiment with several betting fractions above and below the growth rate maximizer. Plot the average return rate as a function of betting fraction. Be sure to make enough runs so that these averages are good to 2 places.

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Finance With Monte Carlo

ISBN: 9781461485100

2013th Edition

Authors: Ronald W. Shonkwiler

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