While this alone should be convincing enough to own it in one’s portfolio, adding Harry Markowitz’s Modern Portfolio Theory (MPT) [1] into the equation, makes gold as a strategic asset undeniable.

The optimism surrounding U.S. equity markets is understandable, yet no trend lasts forever. Diversification remains the only ...

MPT was developed by economist Harry Markowitz in the 1950s; his theories surround the importance of portfolios, risk, diversification, and the connections between different kinds of securities.

In the 1950s, Nobel laureate Harry Markowitz popularized the investment strategy of portfolio diversification. He reasoned that investors could reduce risk while maximizing returns if they spread ...

Harry Markowitz pioneered modern quantitative analysis with his introduction of Modern Portfolio Theory in the early 1950s. Alpha measures how much an investment outperforms or underperforms a ...

If you're an investor, then you owe a word of gratitude to the late Nobel Prize laureate Harry Markowitz and his work on Modern Portfolio Theory (MPT). The development and subsequent ...

The reality can be a bit different. Modern portfolio theory (MPT) was developed by Harry Markowitz during the same period to identify how a rational actor would construct a diversified portfolio ...