New User Special Price Expires in

Let's log you in.

Sign in with Facebook


Don't have a StudySoup account? Create one here!


Create a StudySoup account

Be part of our community, it's free to join!

Sign up with Facebook


Create your account
By creating an account you agree to StudySoup's terms and conditions and privacy policy

Already have a StudySoup account? Login here

MT Notes

by: D S
Introduction to Finance
Adam Clark-Joseph

Almost Ready


These notes were just uploaded, and will be ready to view shortly.

Purchase these notes here, or revisit this page.

Either way, we'll remind you when they're ready :)

Preview These Notes for FREE

Get a free preview of these Notes, just enter your email below.

Unlock Preview
Unlock Preview

Preview these materials now for free

Why put in your email? Get access to more of this material and other relevant free materials for your school

View Preview

About this Document

Introduction to Finance
Adam Clark-Joseph
Study Guide
50 ?




Popular in Introduction to Finance

Popular in Finance

This 2 page Study Guide was uploaded by D S on Monday October 12, 2015. The Study Guide belongs to FIN 500 at University of Illinois at Urbana-Champaign taught by Adam Clark-Joseph in Summer 2015. Since its upload, it has received 115 views. For similar materials see Introduction to Finance in Finance at University of Illinois at Urbana-Champaign.


Reviews for MT Notes


Report this Material


What is Karma?


Karma is the currency of StudySoup.

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 10/12/15
Study Guide MT 1 Professor ClarkJoseph University of Illinois Urbana Ghampaign today 1 Foundations Basic Stats known basic expectation condition expectation core thread probability that state w occurs CLT if you have things close enough to iid then get Gaussian convergence only if satisfy idea of having nite variance only works if done on a longer time interval like months year while in nite variance could be an issue it really i not a problem in nite persistence in practice correlations won t last forever Know the properties of Gaussian RV preserve linearity joint gaussian fully characterized 2 MVP we focused on MV but if you focused on other parameters likely be isomorphic not that we have preferences that hold this together in terms of monotonically increasing functions negative consequence occurs with bankruptcy statistical portfolio returns in isolation only care about u and a remember that when there are only positive weights there is no closed form solution 2 Fund Theorem and 1 Fund Theorem 3 CAPM and FF3 beta covariance with market risk and they found that though it didn t work well there were some gains with explanatory power with the market model one is able to decompose variance into idiosyncratic and sys tematic market risk might only be a part of the systematic note that with the additional factors there is no deep theoretical bases for why they work 4 EFM RWH Limitations of EFM Know the different forms understand the Grossman Stiglitz paradox and partially know the resolution with noise even if that solution may have been disproved EMH 5 graphs in terms of trading rules technical trading ineffective most cases remember that there exists people who can beat the market which people can bene t on this fact Delegated Money management is a thing and works when interests are aligned


Buy Material

Are you sure you want to buy this material for

50 Karma

Buy Material

BOOM! Enjoy Your Free Notes!

We've added these Notes to your profile, click here to view them now.


You're already Subscribed!

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Steve Martinelli UC Los Angeles

"There's no way I would have passed my Organic Chemistry class this semester without the notes and study guides I got from StudySoup."

Janice Dongeun University of Washington

"I used the money I made selling my notes & study guides to pay for spring break in Olympia, Washington...which was Sweet!"

Bentley McCaw University of Florida

"I was shooting for a perfect 4.0 GPA this semester. Having StudySoup as a study aid was critical to helping me achieve my goal...and I nailed it!"


"Their 'Elite Notetakers' are making over $1,200/month in sales by creating high quality content that helps their classmates in a time of need."

Become an Elite Notetaker and start selling your notes online!

Refund Policy


All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email


StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here:

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to

Satisfaction Guarantee: If you’re not satisfied with your subscription, you can contact us for further help. Contact must be made within 3 business days of your subscription purchase and your refund request will be subject for review.

Please Note: Refunds can never be provided more than 30 days after the initial purchase date regardless of your activity on the site.