Investment Planning: Asset Relocation 4

4 types of believer views return-to-risk ratio.
1) Risk adverse - believe in risk free investment is the most secure investment in the universe.
Portfolio characteristic/Solver key constrains: lowest standard deviation


2) Risk taker - believe in high risk high gain and no risk no gain.
Portfolio characteristic/Solver key constrains: highest return, 100% concentration to one counter

3) Risk optimize - believe in statistical optimization in portfolio.
Portfolio characteristic/Solver key constrains: highest sharpe ratio, (averagereturnrate - riskfreerate)/standarddeviation

4) LUCK - believe in supernatural, windfall, random or trial-and-error
Portfolio characteristic: random, no plan or fortune teller.


Conclusion:

	Portfolio Risk	Portfolio Return	Sharpe Ratio
Risk Adverse	2.4%	0.8%	0.2479
Risk Taker	12.6%	6.1%	0.4690
Risk Optimize	3.8%	3.3%	0.8090