TITLE

Harry M. Markowitz on Modern Portfolio Theory, the Efficient Frontier, and His Life's Work

AUTHOR(S)
Buttell, Amy E.
PUB. DATE
May 2010
SOURCE
Journal of Financial Planning;May2010, Vol. 23 Issue 5, p18
SOURCE TYPE
Academic Journal
DOC. TYPE
Interview
ABSTRACT
An interview with Harry M. Markowitz, winner of the Nobel Prize in the modern theory of financial economics, is presented. Based on his theories on efficient portfolios, a successful portfolio involves making more than the average capital and spending less on expenses. He mentions that plain vanilla mean-variance theory is one of the advances of portfolio modeling and theory. He explains that the causes of the financial crisis in the U.S. involve politics and selling of mortgages.
ACCESSION #
50403325

 

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