标题: corner portfolios and leverage [打印本页] 作者: kasinkei 时间: 2013-4-22 05:04 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: Makavelim3 时间: 2013-4-22 05:06
you cannot borrow if shorting is prevented and the tangency portfolio does not have enough return to cover your need.
I probably am missing this - or am not seeing it written like this.
Please confirm, somebody.
