Documents Optimal Portfolios

Lecture  5   Optimal  portfolios   Learning  outcomes   • By  the  end  of  this  lecture  you  should:   – Be  familiar  with  the  separation  theorem…

Documents Risk Aversion Principles

Lecture 2: Risk Aversion BKM: 6.1–6 BMAN20072 Investment Analysis Hening Liu Outline I Mean-variance utility function and mean-variance criterion I Indifference curve I…

Documents Lecture 5

Lecture 5 Optimal portfolios Learning outcomes • By the end of this lecture you should: – Be familiar with the separation theorem – Know why this implies that every…