The math behind the superiority of Portfolio B over Portfolio A

By | January 5th, 2019|Categories: Smart Investing|Tags: , |

Back to main article The concept is based on the principles of Jensen's inequality (named after the Danish mathematician Johan Jensen). Nassim Taleb has  dealt with this concept extensively in his book Antifragile (highly recommended reading). The Generic function for the value of an investment ($X) invested @ a compounded rate of return (R)  after N [...]