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- UID
- 222292
- 帖子
- 399
- 主题
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- 注册时间
- 2011-7-2
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- 2014-6-29
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1, Exhibit 31 tells you that 60/40 is not on SEF(surplus EF).
2, Exhibit 32 shows you the weights, which can't be shown in Exhibit 31.
3, The x-axis in Exhibit 32 is 0-100, which is rescaled from 0-23% or so (standard deviation) in Exhibit 31.
Basically, it's saying that T-Bill has no place on the efficient frontier. |
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发表于 2011-7-11 19:22
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