(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 was 95 ...

With the publication of his simply titled dissertation, "Portfolio Selection," 55 years ago, Harry Markowitz, a doctoral candidate in economics at the University of Chicago, presented the investment ...

While finance historians credit Harry Markowitz as the father of Modern Portfolio Theory, he enjoys pointing to Shakespeare as an early advocate of diversified portfolios. In “The Merchant of Venice,” ...

He overturned the traditional approach to buying stocks by examining the relationship between risk and reward. By Robert D. Hershey Jr. Harry M. Markowitz, an economist who launched a revolution in ...