For all his insights on the portfolio choice problem, somehow Markowitz didn’t explicitly consider a bank in the system. In principle, of course, oneĀ could have solve the problem by just adding one more security in his set up. 938 more words

For all his insights on the portfolio choice problem, somehow Markowitz didn’t explicitly consider a bank in the system. In principle, of course, oneĀ could have solve the problem by just adding one more security in his set up. 938 more words