Apr 11

6 min read

Why a 70-Year Old Theory Still Holds the Key to Smart Investing

Harry Markowitz’s Nobel-prize-winning Modern Portfolio Theory still holds up well in the age of cryptocurrencies and meme stocks

An important milestone passed almost unnoticed last month when Modern Portfolio Theory, or MPT, turned seventy. It was in March 1952 when Harry…

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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.)

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Why a 70-Year Old Theory Still Holds the Key to Smart Investing

Harry Markowitz’s Nobel-prize-winning Modern Portfolio Theory still holds up well in the age of cryptocurrencies and meme stocks

More from Stephen Foerster

Recommended from Medium

The financial importance of making your own candles

The Intelligent Future of Active Fund Management: A UCL BIT seminar

Do early retirees buy iPhones?

payday loans abbotsford bc

Court summon for credit card debt?

Understanding Syndicated 1031 Exchanges and Avoiding Capital Gains Tax

Basics for Beginners.

If you Pass Go!

Get the Medium app

Stephen Foerster

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