Corey Hoffstein 🏴☠️ @choffstein · 28 Aug 2023
@MebFaber @CliffordAsness 14. Jensen’s Inequality Jensen’s inequality basically says, “a function applied to a mean does not necessarily equal the mean applied after the function.” What does that mean and how is it useful? Consider this example. You’re building a simple momentum portfolio. You
14 203Views
63Likes
6Reposts
1Replies
1Quotes
21Bookmarks
Is that a lot?
1.00×vs this author's median14 186 views is typical
50Percentile for this authorof 6 recent posts
5.51×vs 10K–100K median2 578 views is typical
16.60%Reachviews ÷ followers
0.50%Engagement rateof viewers reacted