作者: Ralph Vince , Qiji Jim Zhu
DOI: 10.2139/SSRN.2230874
关键词:
摘要: Inflection points in the function for determining estimated geometric gain with respect to capital committed emerge when planning an investment a finite time horizon. These are where marginal increases reward risk peaks. We analyze properties of inflection mix one risky asset and risk-free illustrate their practical implications examples.