Why 18th Century Swiss Bankers Bet on the Lives of Young Girls

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Photo by Diego PH on Unsplash

Modern portfolio theory (MPT) dates back to the 1950s with Nobel laureate Harry Markowitz’s seminal article and subsequent book of the same name, Portfolio Selection. Markowitz presented a model for the risk and return on investments, and articulated the…

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Stephen Foerster

Stephen Foerster

11.1K Followers

I’m a Finance prof, CFA, and author of In Pursuit of the Perfect Portfolio (with Andrew Lo). I write stories about investing. (I don’t give financial advice.)