Harry Markowitz

Some elements of this story were previously reported by Benzinga, and it has been updated. Wouldn’t it be nice to know how to use data to determine the perfect investment? In 1952, Harry Markowitz published an article titled “Portfolio Selection.” Prior to Markowitz, examination...

Modern Portfolio Theory (MPT) is an investment theory popularized in a 1952 paper by Harry Markowitz entitled “Portfolio Selection.” The idea behind MPT is that investors should identify and select the lowest-risk allocation for a given expected portfolio return. While most investors...