Harry Markowitz, a Nobel Prize-winning economist who redefined money management by showing that diversification could reduce investment risk while maximizing returns, has died. He was 95.

Harry Markowitz, the renowned scholar who was awarded the Nobel Prize in economics for research that helped to revolutionize investing and who went on to become one of UC San Diego’s most ...

WASHINGTON — Harry M. Markowitz won the Nobel Prize in economics as the father of “modern portfolio theory,” the idea that people shouldn’t put all of their eggs in one basket, but should ...

Milton Friedman, another Nobel-prize-winning economist from the University of Chicago, is supposed to have said of Markowitz’s dissertation, “Nice work, but it’s not economics.” ...

(Bloomberg) — Harry Markowitz, a Nobel Prize-winning economist who redefined money management by showing that diversification could reduce investment risk while maximizing returns, has died. He ...

Harry Markowitz, a Nobel Prize-winning economist who redefined money management by showing that diversification could reduce investment risk while maximizing returns, has died. He was 95.

In 1989 Dr. Markowitz received the John von Neumann Theory Prize from the Operations Research Society of America for his work in portfolio theory, sparse matrix techniques and Simscript.

As a 24-year-old graduate student at the University of Chicago, Markowitz wrote an article on portfolio selection that, in 1990, won him the Nobel Prize. In the almost four decades it took for him to ...

Economist Harry Markowitz, recipient of the 1990 Nobel Memorial Prize in Economic Sciences, is donating $4 million to UC San Diego’s Rady School of Management. The 89-year-old adjunct professor ...