The Kelly Criterion and the Stock Market

The Monthly publishes articles, as well as notes and other features, about mathematics and the profession. Its readers span a broad spectrum of mathematical interests, and include professional mathematicians as well as students of mathematics at all collegiate levels. Authors are invited to submit articles and notes that bring interesting mathematical ideas to a wide audience of Monthly readers.

The Monthly's readers expect a high standard of exposition; they expect articles to inform, stimulate, challenge, enlighten, and even entertain. Monthly articles are meant to be read, enjoyed, and discussed, rather than just archived. Articles may be expositions of old or new results, historical or biographical essays, speculations or definitive treatments, broad developments, or explorations of a single application. Novelty and generality are far less important than clarity of exposition and broad appeal. Appropriate figures, diagrams, and photographs are encouraged.

Notes are short, sharply focused, and possibly informal. They are often gems that provide a new proof of an old theorem, a novel presentation of a familiar theme, or a lively discussion of a single issue.