It’s time to perform a wave of magic~
This article will contain some very basic mathematics, which should not affect your reading. We make some basic assumptions: 1. Suppose you hold a bunch of uncorrelated assets with a compound annualized return of 0. 2. Create a portfolio that includes these assets and rebalances regularly. 3. Do some magic. 4. Now, the compound annualized […]
It’s time to perform a wave of magic~ Read More »