THE 2-MINUTE RULE FOR PNL

$ Inside the "perform circumstance" you liquidate the portfolio at $t_1$ realising its PnL (allow me to simplify the notation a little)WillWill 13344 bronze badges $endgroup$ four $begingroup$ Did you not say to begin with that $V$ is self-financing? In that case there is not any Price tag to finance it plus the PnL is usually just $V_T-V_t$ in bet