Investing for the Long Run


This paper studies long term investing by an investor that maximizes either expected utility from terminal wealth or from consumption. We introduce the concepts of a growth optimal portfolio (GP) and of the minimum price to... [ view full abstract ]


  1. Eckhard Platen (University of Technology Sydney)
  2. Dietmar Leisen (University of Mainz)

Topic Areas

Asset Allocation , Optimal Investment , Portfolio Theory


TU-P-B1 » Optimal Control and Optimal Investment 1 (14:30 - Tuesday, 17th July, Beckett 1 )

Presentation Files

The presenter has not uploaded any presentation files.