The eBook presents the ins and outs of the Portfolio Optimization problem in practice. It describes in detail the essential theoretical background standing behind looking for an optimal solution for any portfolio of assets. It includes extensive MATLAB codes ready to re-run and apply as a part of your asset allocation strategy. The ebook discusses the pitfalls and commonly underestimated concepts of risk in the investment process. Written in an extremely compact but superbly efficient way. Designed as a ready-to-use practical guidebook for quantitative analysts, financial investors, and algorithmic traders.