Definition
The post-modern portfolio theory (PMPT) is a portfolio optimization methodology that uses the downside risk of returns instead of the mean variance of investment returns used by the modern portfolio theory (MPT). Both theories describe how risky assets should be valued, and how rational investors should utilize diversification to achieve portfolio optimization. The difference lies in each theory's
In Panel Profits
In the Panel Profits market platform, Post-Modern Portfolio Theory (PMPT): What it is, How it Works applies standard portfolio management principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.