MVO doesn't fail. Your inputs do.
Instruments are noisy, but not your signals. You've already done the work of extracting pattern from noise.
So, run your MVO on signals, not instruments.
Giving a free article of choice for random retweets on either this or the article.
Just read the short thesis on $MCB.
I am thoroughly unconvinced. It touches on some so-so strings and loose connections, but never really delivers the killing blow. A few points:
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