What Is the Markowitz Efficient Set? The Markowitz efficient set is a portfolio with returns that are maximized for a given level of risk based on mean-variance portfolio construction. The efficient solution to a given set of mean-variance parameters (a given riskless asset and a given risky basket of assets) can be plotted on what
What Is Mark to Market (MTM)? Mark to market (MTM) is a method of measuring the fair value of accounts that can fluctuate over time, such as assets and liabilities. Mark to market aims to provide a realistic appraisal of an institution’s or company’s current financial situation based on current market conditions. In trading and
What Are Mark-To-Market Losses? Mark-to-market losses are losses generated through an accounting entry rather than the actual sale of a security. Mark-to-market losses can occur when financial instruments held are valued at the current market value. If a security was purchased at a certain price and the market price later fell, the holder would have
What Is a Markup? A markup is the difference between an investment’s lowest current offering price among broker-dealers and the price charged to the customer for said investment. Markups occur when brokers act as principals, buying and selling securities from their own accounts at their own risk rather than receiving a fee for facilitating a
Mark Zuckerberg is a self-taught computer programmer and co-founder, chair, and chief executive officer of Meta (META), formerly known as Facebook. Originally named Facemash, Zuckerberg founded the social networking site in his Harvard University dorm room in 2004 along with Andrew McCollum, Dustin Moskovitz, Chris Hughes, and Eduardo Saverin. According to Bloomberg, Zuckerberg’s net worth
What Is Marlboro Friday? The term Marlboro Friday refers to a significant day in the history of cigarette and tobacco company Philip Morris. On April 2, 1993, the company announced a drastic cut in the price of Marlboro cigarettes to fight off the generic brands that were eating into its market share. As a result
What Is a MAR Ratio? A MAR ratio is a measurement of returns adjusted for risk that can be used to compare the performance of commodity trading advisors, hedge funds, and trading strategies. The MAR ratio is calculated by dividing the compound annual growth rate (CAGR) of a fund or strategy since its inception by
What Is the Marriage Penalty? The term marriage penalty refers to the additional tax burden married taxpayers face compared to single filers. Even though marriage is largely a matter of the heart, there are often unavoidable federal and state tax implications for those who tie the knot. A married couple’s income may be subject to
What Is a Married Put? Married put is the name given to an options trading strategy where an investor, holding a long position in a stock, purchases an at the money put option on the same stock to protect against depreciation in the stock’s price. The benefit is that the investor can lose a small
What Is the Marriott School of Business? The Marriott School of Business offers undergraduate and graduate business degrees at Brigham Young University in Provo, Utah. The school’s Master of Business Administration (MBA) program is known for its affordability, especially for members of the Church of Jesus Christ of Latter-day Saints, who pay lower tuition and
