1 Outline Introduction Active management versus passive management When do you sell stock? 2 Introduction Portfolios need maintenance and periodic revision: y Because the…
1.>The 6.0 Percent Rule by Gerald C. Wagner, Ph.D.Executive Summary The 4 percent rule has come under scrutiny because of lower expectations about future…
Slide 1 1 Chapter 15 Revision of the Equity Portfolio Slide 2 2 An individual can make a difference; a team can make a miracle - 1980 U.S. Olympic hockey team Slide 3 3 Outline…
Slide 1 Risk Minimizing Portfolio Optimization and Hedging with Conditional Value-at-Risk Jing Li Mingxin Xu Department of Mathematics and Statistics University of North…
Scenario Optimization Contents Introduction Mean absolute deviation models Regret models Value at Risk in optimal portfolios Scenario optimization Powerful models for risk…