Fastest Descent
Also known as the Brachistochrone problem: we release a ball from the top of a slope, how do we shape the slope to minimize the time of descent?
Written on: 2024-12-20
CAPM
As rational investors, we worry about the expected wealth and the volatility (fluctuations) of our wealth. But since terminal wealth and return shares a linear relationship, we can instead focus on the distribution of returns instead of our terminal wealth.
Written on: 2020-10-18