When to Act and How Much to Commit
For years, I’ve searched for the right name for a distinct sensation: the moment a window opens in finances, in a career, or in a game of chess, where the challenge isn’t whether to act, but when and how much. Three ideas interlock precisely to frame this feeling: Kairos, the Kelly Criterion, and optimal stopping theory. Each is interesting on its own, but together, they become operational; offering a way to act on that sensation.