Jorge.Beca
New Member
Hi, I am going through the excel sheet (R8-P1-T1-Elton-CAPM-v3) in section 9, and I saw the formula to find out Wa for the Minimum variance portfolio. It is not very intuitive to see that that formula is the 1st derivative of the portfolio variance with respect Wa. I know the formula is not part of the exam, but I wonder, for the person that is curious or with forgotten math concepts, if it is possible to add a little description next to the formula (or what is the alternative, because not everything is explained in the forum). Thanks.