标题: corner portfolios and leverage [打印本页] 作者: Chuckrox8 时间: 2013-4-21 19:40 标题: corner portfolios and leverage
watch out for this…. if the investor cannot borrow than you will do corner portfolios or use the CAL using risk free and tangent portfolio. If borrwoing is allowed then use the CAL- borrowing the risk free and leveraging the tangent portfolio.
just sayin作者: king_kong 时间: 2013-4-21 19:46
if the expected return is less than the tangency portfolio, then u can combine rfr with tangency portfolio even if borrowing is not allowed
