# Kelly-Thorp and secretary problem

- if you have an expectation (and variation) of the edge, how long should you wait in a stable environment?

if you have finite number of attempts for a given project. **Finite number of bets correction to Kelly-Thorp when you extract/improve information?**

## secretary problem

How to make quick choices... If your goal is to end up with a thing (house/spouse/job) in the top # %-ile, reject the first x% and then the select the next one that is superior to all the others...

it looks that the product of [Prob(max) by time] is roughly constant, so then the main choice is which percentile (of best secretaries) to choose?