Advanced search
Publication Cover
Financial Analysts Journal Volume 65, 2009 - Issue 4
Submit an article Journal homepage
34
Views
2
CrossRef citations to date
0
Altmetric
Portfolio Management

What Will the Likely Range of My Wealth Be?

Raymond Kan Raymond Kan is National Bank Financial Professor in Capital Market at the Rotman School of Management, University of Toronto.
&
Guofu Zhou Guofu Zhou is professor of finance at Washington University, St. Louis.
Pages 68-77 | Published online: 31 Dec 2018

References

  • Barton, D.E.. 1961. “Unbiased Estimation of a Set of Probabilities.” Biometrika, vol. 48, no. 1–2 (June): 227–22910.1093/biomet/48.1-2.227.
  • Bodie, Zvi, Alex Kane, and Alan J. Marcus. 2005. Investments. New York: McGraw-Hill.
  • Bradu, Dan, and Yair Mundlak. 1970. “Estimation in Lognormal Linear Models.” Journal of the American Statistical Association, vol. 65, no. 329 (March): 198–21110.2307/2283587.
  • Ellison, Bob E.. 1964. “Two Theorems for Inferences about the Normal Distribution with Applications in Acceptance Sampling.” Journal of the American Statistical Association, vol. 59, no. 305 (March): 89–9510.2307/2282860.
  • Hughson, Eric, Michael Stutzer, and Chris Yung. 2006. “The Misuse of Expected Returns.” Financial Analysts Journal, vol. 62, no. 6 (November/December): 88–9610.2469/faj.v62.n6.4356.
  • Jacquier, Eric. 2006. “Estimates of Long Term Expected Returns: Economic vs. Statistical Rationales.” Working paper, HEC Montreal.
  • Jacquier, Eric, Alex Kane, and Alan J. Marcus. 2003. “Geometric or Arithmetic Mean: A Reconsideration.” Financial Analysts Journal, vol. 59, no. 6 (November/December): 46–5310.2469/faj.v59.n6.2574.
  • Jacquier, Eric, Alex Kane, and Alan J. Marcus. 2005. “Optimal Estimation of the Risk Premium for the Long Run and Asset Allocation: A Case of Compounded Estimation Risk.” Journal of Financial Econometrics, vol. 3, no. 1 (Winter): 37–5510.1093/jjfinec/nbi001.
  • Johnson, Norman L., Samuel Kotz, and N. Balakrishnan. 1994. Continuous Univariate Distributions Vol. 1.New York: Wiley.
  • Kolmogorov, Andrey Nikolaevich. 1950. “Unbiased Estimates.” Izvestiya Akademii Nauk SSSR, Seriya Matematicheskaya, vol. 14, no. 4 (August): 303–326.
  • Shimizu, K., and T. Iwase. 1981. “Uniformly Minimum Variance Unbiased Estimation in Lognormal and Related Distributions.” Communications in Statistics Theory and Methods, vol. 10, no. 11 (May): 1127–114710.1080/03610928108828098.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.