![[CFA LEVEL 1] [QUANTITATIVE METHODS]- Learning Module 5 - Portfolio Mathematics News](https://i.ytimg.com/vi/ke8EcHmTRnw/mqdefault.jpg)
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Last Updated: October 14, 2026
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This overview will cover the essential These are audio notes from my own notes (not reading of the CFAI text). A stock goes up 50 percent. Then it goes down 50 percent. The arithmetic mean of those returns is zero. But your actual
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