Bionic Turtle Blog Capital Market Line (CML) vs. Security Market Line (SML)

We received a question on YouTube that is helpful in understanding the relationship (and difference) between the Capital Market Line (CML) and the Security Market Line (SML). Related, earlier in the year Akriti1 posted another provider's (EPP's) flawed CML/SML practice question that's typical of a naïve understanding of the CML/CAPM framework: the author presumes the only difference is [...]The post Capital Market Line (CML) vs. Security Market Line (SML) appeared first on Bionic Turtle.