PNL THINGS TO KNOW BEFORE YOU BUY

You may as well analyse the skewness and kurtosis of your period of time PnL by having 3rd and 4th moments of $Y_t$ respectively. Presumably you might conclude that for 2 collection with identical expectation and variance, you can want the a single with favourable skew or reduce kurtosis, but it's possible not depending on the self esteem of the ma