Who Developed CAPM?
Who Developed CAPM? The CAPM was developed in the early 1960s by William Sharpe (1964), Jack Treynor (1962), John Lintner (1965a, b) and Jan Mossin (1966). The CAPM is based on the idea that not all risks should affect asset prices. Why is CAPM wrong? Research shows that the CAPM calculation is a misleading determination