Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Patent
1998-03-16
2000-06-20
Cosimano, Edward R.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
705 35, G06F 1760
Patent
active
060789042
ABSTRACT:
A computer system and method for optimally allocating investment funds of an investor in a portfolio having a plurality of investments, comprising: determining a risk tolerance function for the investor specifying the investor's probability preference at each of a plurality of monetary amounts relative to a monetary range relevant to the investor, and allocating the investment funds among the investments to create an investment allocation by maximizing an expected value of a first probability density function of the investor's probability preferences determined as a function of a second probability density function of the portfolio's predicted market performance with respect to the investment funds and the investor's risk tolerance function.
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Cosimano Edward R.
Ganz Bradley M.
Hayes John W.
Saddle Peak Systems
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