Portfolio management: Treynor Black Model

Hello,

I need some help, Treynor Black Model.

What do we have to know here?

Do we need to know thr formulas?

Thanks

Concepts, not formulae.

Look at the LOSs.

was it just me, or did the first schweser test (AM) have several treynor black math problems? I obviously blew it, but I still didn’t study it after because I’m under the impression we aren’t responsible for it. Not sure if they just messed up by having it there, or what the case was.