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Leaving MPT Behind and Outsmarting Mr. Market

Feb 24, 2010 / By William F. Nicklin
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MPT pioneer Harry Markowitz was all about deciding how an investor could arrange a portfolio to attenuate Mr. Market's effects. What he missed is that stock prices, under the effect of Mr. Market, don't reflect a normal distribution. See how this savvy advisor protects his clients using a coarse hedge to counterbalance the effect of market volatility.

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