General

  • “diversified portfolio” from 10 stocks and up
    • 10 stocks (24% risk) … 1000 stocks (21% risk)
  • efficient asset … same return but lower variance (risk)
  • short selling = giving out a bond, going into debt
  • sharpe ration = -value
  • CAPM
  • passive/active portfolio … rebalance portfolio

Questions

  • has correlation within the stock market increased over the past - say 30 years - increased due to capital becoming more correlated as well? With the popularity of ETFs more capital is focused on fewer stocks.

Article

Presentation(s)

Seminar Paper

  • create something that is more than it’s parts
  • connect the dots - differences and commonalities