HM Hansi Mehrotra (not verified) 28th November 2016 | 2:23am Agreed, the utility of MPT for retail investors is for risk diversification rather than efficient frontiers. But wealth managers try to force-fit it with arbitrary assumptions. All I am saying is we need to vaguely right than precisely wrong. Reply
Agreed, the utility of MPT for retail investors is for risk diversification rather than efficient frontiers. But wealth managers try to force-fit it with arbitrary assumptions.
All I am saying is we need to vaguely right than precisely wrong.