Variational Bayes Portfo

Variational Bayes Portfol
Variational Bayes Portfolio Construction

arXiv:2411.06192v1 Announce Type: new
Abstract: Portfolio construction is the science of balancing reward and risk; it is at the core of modern finance. In this paper, we tackle the question of optimal decision-making within a Bayesian paradigm, starting from a decision-theoretic formulation. Despi…