Harry Markowitz

(1927–2023) Economist

6 quotes in 68 categories

Harry Markowitz was an economist, best known for The theory and practice of investment management.

Quick Facts About Harry Markowitz

Born: August 24, 1927
Died: June 22, 2023
Profession: Economist
Notable works: The theory and practice of investment management

About Harry Markowitz

Harry Max Markowitz was an American economist who received the 1989 John von Neumann Theory Prize and the 1990 Nobel Memorial Prize in Economic Sciences.

Biography source: Wikipedia

Quotes by Harry Markowitz

It's like a crapshoot in Las Vegas, except in Las Vegas the odds are with the house. As for the market, the…

Harry Markowitz

Average

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To reduce risk it is necessary to avoid a portfolio whose securities are all highly correlated with each other. One hundred securities…

Harry Markowitz

Cybersecurity

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Perhaps the most important job of a financial advisor is to get their clients in the right place on the efficient frontier…

Harry Markowitz

Advisors

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In choosing a portfolio, investors should seek broad diversification, Further, they should understand that equities--and corporate bonds also--involve risk; that markets inevitably…

Harry Markowitz

Broads