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.
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The Chicago-born economist redefined money management by showing that diversification could reduce investment risk while maximizing returns.
Harry Max Markowitz was born on August 24, 1927, in Chicago.
Harry Markowitz, who showied that diversification could reduce investment risk while maximizing returns, has died.
(Archived document, may contain errors) 433 May 14, 1985 I PRICED INDEXED BONDS TRIMMING $12 BILLION FROM THE DEFICIT I NTRODUCT I ON The deficit problem has legislators scrambling for ways to save money in the federal budget. In this quest, it is almost universally assumed that interest on the 1.6 trillion national debt is an item that cannot be cut. This consensus is wrong. Interest outlays in fact can be trimmed through price-indexed bonds, a device that Congress should consider.
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