Capital Market Theory Is It Relevant to Practitioners?

The article explores the capital asset pricing model (CAPM) discusses the strengths and weaknesses of this classic model. The CAPM is commonly confused with portfolio theory. Portfolio theory is simply the use of statistical and mathematical programming techniques to derive optimal trade-offs betwee...

Full description

Journal Title: Journal of Financial Planning Vol. 10; no. 5; pp. 97 -
Author: David Nawrocki
Format: Article
Language: English
Published: October 1997
Online Access: Full Text