Quant analytics: Paper for the Black Litterman Model: BLACK, F. (1989): “Universal Hedging: …”

Quant analytics: Paper for the Black Litterman Model: BLACK, F. (1989): “Universal Hedging: …” For the people involved in the Black-Litterman model, I think the paper written by Black in 1989 is very interesting, talking about equilibrium (applied to forex) one year before the 1990 internal paper in Goldman Sachs. I’d add it to the …

Quant analytics: Paper for the Black Litterman Model: BLACK, F. (1989): “Universal Hedging: …” Read More »