Soleadea - Another important thing about CAL (Capital allocation line): The two-fund separation theorem states that all investors regardless of risk preferences will aim at having a portfolio located on the capital
![The actual efficient frontier and capital allocation line (built with... | Download Scientific Diagram The actual efficient frontier and capital allocation line (built with... | Download Scientific Diagram](https://www.researchgate.net/publication/228205824/figure/fig1/AS:703692370112512@1544784743181/The-actual-efficient-frontier-and-capital-allocation-line-built-with-actual-returns.png)
The actual efficient frontier and capital allocation line (built with... | Download Scientific Diagram
![Lecture 5, Chapters 6-7: Optimal Capital Allocation to Risky and Risk-Free Assets Flashcards | Quizlet Lecture 5, Chapters 6-7: Optimal Capital Allocation to Risky and Risk-Free Assets Flashcards | Quizlet](https://o.quizlet.com/d2nz757dFsz0EQz8aACOcw.png)