THE SINGLE BEST STRATEGY TO USE FOR PNL

$ Now you say $V_t$ is the risky asset. Pretty complicated. Edit the publish to help make this crystal distinct. We are able to contemplate what is a PnL when we understand what Now we have invested in. $endgroup$To create the two techniques similar you ought to think about investing/borrowing $PnL_1$ at rate $r$ in order that it stays inside the s