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Modern Portfolio Theory: Harry Markowitz, Nobel Prize-winning pioneer of Modern Portfolio Theory, dies at 95 - Vimarsana News

Modern Portfolio Theory: Harry Markowitz, Nobel Prize-winning pioneer of Modern Portfolio Theory, dies at 95

Markowitz was best known as the father of modern portfolio theory, which he introduced in 1952 in an article published by the Journal of Finance. He broke with traditional investment analysis by focusing on combinations of assets, rather than individual securities.

Harry Markowitz, Nobel-winning pioneer of modern portfolio theory, dies at 95 - Vimarsana News

Harry Markowitz, Nobel-winning pioneer of modern portfolio theory, dies at 95

The Chicago-born economist redefined money management by showing that diversification could reduce investment risk while maximizing returns.

Harry Markowitz, father of modern portfolio theory, dies at 95 - Vimarsana News

Harry Markowitz, father of modern portfolio theory, dies at 95

Harry Max Markowitz was born on August 24, 1927, in Chicago.

Harry Markowitz, Nobel Prize-winning economist, dies at 95 - Vimarsana News

Harry Markowitz, Nobel Prize-winning economist, dies at 95

Harry Markowitz, who showied that diversification could reduce investment risk while maximizing returns, has died.