The cornerstone of money Management and Portfolio optimization techniques has remained the same throughout history: maximize gains and minimize risk.
Although numerous Nobel Prizes have been awarded based on some of those wid.
They illuminate nothing, he says, aside from providing the illusion of safety through diversification.
Yet, asserts Ralph Vince, the widely accepted approaches of combining assets into a Portfolio and determining their relative quantities are wrong--and will cost you.
The cornerstone of money Management and Portfolio optimization techniques has remained the same throughout history: maximize gains and minimize risk