LaTeX Forum

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Summed up, the long only mean-variance optimization problem can be expressed as
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\max_w        &\quad&  \sigma^2_{PF} = w \Sigma w^T  	&&          \\
\text{s.t.} 	&\quad&  							&&\mu_{PF} & = \bar{\mu}_{PF} \\
                   &\quad&                       &&   0_N &\leq w \leq 1_N. 
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In the absence of individual beliefs ...

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