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$ Now you say $V_t$ is the risky asset. Pretty perplexing. Edit the post to produce this crystal clear. We are able to think about what on earth is a PnL when we know what Now we have invested in. $endgroup$Are regulatory bodies in control of regulating what you CAN do, or what you CAN'T do? a lot more sizzling inquiriesNow, in the above rationaliz