Re: How to minimize standard deviation?
Check out the "Playing According to Your Bankroll" section in "Sklansky on Poker" (page 21 in my edition). The second page in this section describes why you can play a higher stakes game than your bankroll allows, if you play a lower SD/lower BB/100 game.
The last page of chapter 2 in "The Theory of Poker" also mentions this - playing a less than optimal game if you are short, in the interest of winning over the interest of maximizing return.
Just so you know I'm not pulling this idea out of my ass...
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