麻省理工投资学讲义(MIT)_Leture _ Prtfli Thery Part _ Optimal Risky Prtfli.pdfVIP

15.433 INVESTMENTS Class 5: Portfolio Theory Part 3: Optimal Risky Portfolio Spring 2003 Introduction • Having determined the appropriate exposure to risk, the investor’s next task is to build his risky portfolio rp . • This selection will be made from the whole universe of risky assets that are avail- able for investment. How Big is the Universe of Risky Assets? We live in an exciting time, with an expansive investment environment. Here is a list