Text this: PORTFOLIO SELECTION WITH TRANSACTION COSTS IN A REGIME SWITCHING MODEL

 _____       ___       _____     ___     _    _   
|  __ \\    / _ \\    / ___//   / _ \\  | |  | || 
| |  \ ||  / //\ \\   \___ \\  / //\ \\ | |/\| || 
| |__/ || |  ___  ||  /    // |  ___  |||  /\  || 
|_____//  |_||  |_|| /____//  |_||  |_|||_// \_|| 
 -----`   `-`   `-` `-----`   `-`   `-` `-`   `-`