Received: 3 September 2019  Accepted: 23 July 2021
DOI: 10.1111/mafi.12336

ORIGINAL ARTICLE


Optimal investment for retail investors
Christoph Belak1           Lukas Mich2           Frank T. Seifried2
1Technische Universitt Berlin, Institute
of Mathematics, Germany                Abstract
2University of Trier, Department IV –         We study optimal portfolio decisions for a retail investor
Mathematics, Germany                  that faces a strictly positive transaction cost in a classical
C ...