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Harry Markowitz, Nobel laureate, UC San Diego professor who revolutionized investing, dies at 95
Harry Markowitz won the 1990 Nobel Prize in economics. Without his groundbreaking work, index funds and 401(k) investing as we know it wouldn’t exist.
Source: sandiegouniontribune.com
Harry Markowitz: Harry Markowitz, Nobel-winning pioneer of modern portfolio theory, dies at 95
Harry M. Markowitz, an economist who launched a revolution in finance, upending traditional thinking about buying stocks and earning the Nobel Memorial Prize in Economic Sciences in 1990 for his breakthrough, died Thursday in San Diego. in 1952, he published his dissertation, “Portfolio Selection,” which overturned this common-sense approach with what became known as modern portfolio theory, widely referred to as MPT.
Source: indiatimes.com
Harry Markowitz, pioneer of modern portfolio theory, dies at 95
His theory in finance transformed investing and earned him the Nobel Memorial Prize in Economic Sciences in 1990.
Source: bostonglobe.com
Harry Markowitz, Nobel-Winning Pioneer of Modern Portfolio Theory, Dies at 95
He overturned the traditional approach to buying stocks by examining the relationship between risk and reward.
Source: nytimes.com