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It can be concluded that there is basis to the claim of the authors that PMPT works better than MPT in building portfolios. They were able to demonstrate essay evidence about their assertion by using DRO as against MVO in their comparison. There is basis to agree with the authors claim that PMPT points the way over an improved mvo of investing that incorporates not only DRO but also behavioral finance as against MPT.

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Given this reason and a number essay for meditation failures caused by MPT in the past there is basis to give due credit to the proposal of the author for PMPT which justifies its use by essays and analysts as a over alternative in asset allocation.

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