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Modern Portfolio Theory

Portfolio Management

Modern Portfolio Theory (MPT), developed by Harry Markowitz (1952), provides a mathematical framework for constructing portfolios that maximise expected return for a given level of risk. The key insight: by combining assets that do not move in perfect lockstep, a portfolio can achieve lower overall volatility than any of its individual components — without sacrificing return proportionally.

See this in P2: P2's Portfolio page shows returns, cycle alignment scores, and factor exposures for tracked portfolios. It provides the analytical layer for informed portfolio decisions.Open →
Diversification
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