how much off the TREYNOR BLACK bull* do we have to know?!?!?!

for the exam… i do not want to go thru all these complex formulas at this point… my mind is doing… twirls

Given that there isn’t much time left, just try to know the various roles that alpha, beta, and nonsystematric risk.

just understand the basics of it. I dont think we are required to know the formulas