An Explanation of "Keynes Meets Markowitz: The Trade-Off Between Familiarity and Diversification"
This paper explains the mathematics behind the model for portfolio selection presented by Boyle et al. in their 2012 paper, Keynes Meet Markowitz: The Trade-Off Between Familiarity and Diversification. First, I unpack the theoretical background of portfolio selection, as developed by Harry Markowitz...
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| Format: | Others |
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Scholarship @ Claremont
2016
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| Online Access: | http://scholarship.claremont.edu/cmc_theses/1422 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=2375&context=cmc_theses |