I have been looking for this paper in a standalone version! Previously I've only come across it as the first chapter of <i>The Kelly Capital Growth Criterion</i>, which is an otherwise also excellent book and recommended reading for anyone for whom this is their thing!
>the determination of the value of an item must don’t be based on its price, but rather on the utility it yields<p>(In regards to a poor man with 9k ducats or a 50/50 20k ducat lottery ticket) A bird in hand is worth two in the bush