Tuesday, 6 June 2017

Father (and Son) Know Best About How To Bend The Efficient Frontier

Among academicians, few have made a real-world impact as far-reaching as Harry Markowitz, the father of modern portfolio theory. Markowitz devised his seminal theory as a 23-year-old Ph.D. student at the University of Chicago in 1950 and won a Nobel Prize for it in 1990. For generations, it has guided money managers in picking stocks that

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