Estimation of the inputs A computer exercise using real data Implementation problem and some solutions Estimation results in uncertainty Shrinkage and Bayesian inference to deal with uncertainty Imposing restrictions
CAPM, APT treat securities at a high level of abstraction, assuming implicitly that a prior detailed analysis of each security already had been performed and that its risk and return features had been assessed Specific analyses of particular security markets: valuation principles, determinants of risk and return, portfolio strategies commonly used within and across the various markets
