Game-Theoretic Optimal Portfolios
证明，对于多种收益函数，期望对数最优投资组合在单次或多次股票市场博弈中也是博弈论最优的，表明短期与长期表现无本质冲突。
We show, for a wide variety of payoff functions, that the expected log optimal portfolio is also game theoretically optimal in a single play or in multiple plays of the stock market. Thus there is no essential conflict between good short-term and long-run performance. Both are achieved by maximizing the conditional expected log return.