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?
- 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?**
- compare with [Michael Mauboussin – The Babe Ruth Effect: Frequency Versus Magnitude](https://www.valuewalk.com/2015/03/michael-mauboussin-the-babe-ruth-effect-frequency-versus-magnitude/)
## [secretary problem](https://en.wikipedia.org/wiki/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?
