Consider a strategy of the form ((gamma, 0,0)) for the investment wheel. Show that the overall factor
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Consider a strategy of the form \((\gamma, 0,0)\) for the investment wheel. Show that the overall factor multiplying your money after \(n\) steps is likely to be \((1+2 \gamma)^{n / 2}(1-\gamma)^{n / 2}\). Find the value of \(\gamma\) that maximizes this factor.
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