Friday, April 17, 2020

MPT assumes that there are no structural Changes...

"Nothing changes so you just punch in the data and you optimize A robot can compute Markowitz. That's what consultants have been doing for 40 years, optimizing for the correct portfolio. But tht's wrong, Brock says. Instead, you need to constantly change the portfolio to keep it in lone with the structural changes going on in the world.

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