Harry Markowitz

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This person was awarded a Nobel Prize
Harry Markowitz
Born August 24, 1927 (1927-08-24) (age 86)
Chicago, Illinois, USA
Nationality United States
Alma mater University of Chicago, (PhD)
Influenced by Milton Friedman
Tjalling Koopmans
Jacob Marschak
Leonard Savage
Awards John von Neumann Theory Prize (1989)
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (1990)

Harry Max Markowitz (born August 24, 1927) is an American economist. He received the 1989 John von Neumann Theory Prize and the 1990 Nobel Prize in Economics.

Early life[change | edit source]

Markowitz was born on August 24, 1927 in Chicago, Illinois.[1] He studied at the University of Chicago.

Career[change | edit source]

Markowitz is a professor of finance at the Rady School of Management at the University of California, San Diego (UCSD). He is best known for his pioneering work in Modern Portfolio Theory, studying the effects of asset risk, return, correlation and diversification on probable investment portfolio returns.

Markowitz won the Nobel Prize in Economics in 1990.

Personal life[change | edit source]

Markowitz now lives in Chicago, Illinois as a retired professor.[1]

References[change | edit source]

  1. 1.0 1.1 Harry M. Markowitz – Autobiography, The Nobel Prizes 1990, Editor Tore Frängsmyr, [Nobel Foundation], Stockholm, 1991

Other websites[change | edit source]