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Jules is participating in the Strange Situation experiment. When his mother returns, he freezes, and then behaves erratically. In fact, he runs away from his mother. What kind of attachment is this?
Optimized Portfolio
A portfolio of investments that has been designed to achieve the best possible balance of risk and return, based on specific investor goals and constraints.
Posterior Distribution
Revised probability distribution for a variable after adjustment for empirical evidence on its likely value.
Prior Distribution
Probability distribution for a variable before adjusting for empirical evidence on its likely value.
Black-Litterman Model
A mathematical model for portfolio allocation that incorporates expected returns based on equilibrium, with adjustments from the investor's views.
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