The black-litterman model suffers of a major drawback it is


True or False: The Black-Litterman model suffers of a major drawback: it is too sensitive to analyst's alpha forecasts, because of this issue it usually recommends extreme asset allocation positions.

True or False: The Treynor-Black model model allows portfolio managers to quantify complex forecasts (what they call views) and apply these views to portfolio construction.

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Financial Management: The black-litterman model suffers of a major drawback it is
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