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Q2: we have studied 2 models Markowitz Model and CAPM model What is the main massage of Markowitz model, that you as an investor can

Q2: we have studied 2 models Markowitz Model and CAPM model
What is the main massage of Markowitz model, that you as an investor can take?
CAPM model use Beta to calculate the return instead of sigma. What is the logic behind this?
Explain what is the most important lesson that you would learn from Efficient market hypothesis.

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