It's like a crapshoot in Las Vegas, except in Las Vegas the odds are with the house. As for the market, the odds are with you, because on average over the long run, the market has paid off. — Harry Markowitz Copy Share Image
It's like a crapshoot in Las Vegas, except in Las Vegas the odds are with the house. As for the market, the odds are… — Harry Markowitz Copy Share Image
To reduce risk it is necessary to avoid a portfolio whose securities are all highly correlated with each other. One hundred securities whose returns… — Harry Markowitz Copy Share Image
Perhaps the most important job of a financial advisor is to get their clients in the right place on the efficient frontier in their… — Harry Markowitz Copy Share Image
In choosing a portfolio, investors should seek broad diversification, Further, they should understand that equities--and corporate bonds also--involve risk; that markets inevitably fluctuate; and… — Harry Markowitz Copy Share Image
A good portfolio is more than a long list of good stocks and bonds. It is a balanced whole, providing the investor with protections… — Harry Markowitz Copy Share Image
We next consider the rule that the investor does or should consider expected return a desirable thing and variance of return an undesirable thing. — Harry Markowitz Copy Share Image
