2021Management and business review.Requires access

Nobel Laureate Harry Markowitz: Creator of the Modern Portfolio Theory

Suresh Sethi

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Abstract

Harry Markowitz developed the modern portfolio theory which earned him the Nobel Memorial Prize and is today used in managing trillions of dollars in assets. Suresh Sethi describes the fascinating life of a scholar whose footprints led the way to almost everything in finance.

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Harry Markowitz developed the modern portfolio theory which earned him the Nobel Memorial Prize and is today used in managing trillions of dollars in assets. Suresh Sethi describes the fascinating life of a scholar whose footprints led the way to almost everything in finance.

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Available abstract

Harry Markowitz developed the modern portfolio theory which earned him the Nobel Memorial Prize and is today used in managing trillions of dollars in assets. Suresh Sethi describes the fascinating life of a scholar whose footprints led the way to almost everything in finance.

Key concepts: Nobel laureate, Philosophy, Modern portfolio theory, Portfolio, Art history, Art, Epistemology, Economics

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