A few readers pointed out a typo and an arithmetic error in my article "
Maximizing Compounded Rate of Return". In the geometric random walk example where the stock can go up or down 1% at every step, the mean rate of return
m is 0%, (not 1%), and the compounded rate of return is -0.005% (not -0.5%). My sincere thanks to all my readers who mercilessly scrutinize my ideas and check my numbers!
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