Bayesian Estimation & Black-Litterman Harvard Case Solution & Analysis

Describes a practical method of asset allocation, which is a more robust estimates than the traditional implementation mean variance optimization with sample means and covariances. Bayesian inspired Black-Litterman model is described after the introduction of intuition Bayesian approach to inference in the one setting. "Hide
by Eric Stafford, Joshua D Coval 4 pages. Publication Date: November 8, 2007. Prod. #: 208085-PDF-ENG

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