Suppose a risk-averse investor can choose a portfolio from among N assets with independently distributed returns, all

Question:

Suppose a risk-averse investor can choose a from among N assets with independently distributed returns, all of which have identical means [E(Rj) = E(Rj)] and identical variances {σ2j = σ2j). What will be the composition of his optimal Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...