Conclusion

In this exposition we have attempted to convey the flavor of our line of thought. The Markowitz-Sharpe theory of portfolio choice seems to fit nicely into the framework of metric affine geometry. This framework has helped us understand risk and reward—but it may not be everyone's cup of tea.

If you are interested, our paper, "The Geometry of Risk and Reward," fills in the gaps in this exposition. You can get the paper as

GeomRR.pdf.

Left-click to view. Right-click to download.

Last updated: 27-Mar-02

vic@norton.name