Fischer Black and Robert Litterman proposed the Black-Litterman model in 1992 while working at Goldman Sachs to overcome the difficulty of applying mean-variance optimization in practice.

Authors

• Person: Not available Organization: Wealthfront
  Wealthfront Classic Portfolio Investment Methodology White Paper

Sources

• Wealthfront Classic Portfolio Investment Methodology White Paper research.wealthfront.com Wealthfront via serper

Referenced by nodes (2)

• Goldman Sachs entity
• mean-variance optimization concept