pnl for Dummies

$ Inside the "get the job done case" you liquidate the portfolio at $t_1$ realising its PnL (allow me to simplify the notation a bit)To generate the two strategies comparable you need to consider investing/borrowing $PnL_1$ at charge $r$ making sure that it stays in the method until finally $t_2,.$ At that time yourNow, in the above rationalization

read more