6 Harry Markowitz Quotes for You to Enjoy

Harry Markowitz

American Economist

Born: Aug 24, 1927

Becoming Bonds Financial Plants Portfolio You

Related authors: Alan Greenspan Herbert A. Simon John Kenneth Galbraith Milton Friedman Paul A. Volcker Richard Thaler Robert Reich Thomas Sowell

Becoming an economist was not a childhood dream of mine. Harry Markowitz

Mine Dream Economist Becoming Childhood Childhood Dream

Portfolio theory, as used by most financial planners, recommends that you diversify with a balance of stocks and bonds and cash that's suitable to your risk tolerance. Harry Markowitz

You Balance Financial Tolerance Suitable Cash Risk Diversify Most Stocks Your Planners Used Theory Portfolio Bonds

If the investor doesn't have enough time and skill to investigate individual stocks or enough money to diversify a portfolio, the right thing to do is to invest in exchange-traded funds that give you exposure to asset classes. It does make sense for the individual investor to think in terms of holding individual asset classes. Harry Markowitz

Time You Money Sense Holding Think Enough Enough Money Enough Time Right Thing Classes Give Diversify Individual Invest Investigate Investor Terms Make Does Stocks The Right Thing Skill Exposure Asset Portfolio Right Thing Funds

I was born in Chicago in 1927, the only child of Morris and Mildred Markowitz, who owned a small grocery store. We lived in a nice apartment, always had enough to eat, and I had my own room. I never was aware of the Great Depression. Harry Markowitz

Depression Great Own Nice Enough Great Depression Eat Born My Own Only Small Only Child Never Had Had Enough Morris Always Chicago Child Owned Store Apartment Room Grocery Grocery Store Who Lived Aware

During the 1950s, I decided, as did many others, that many practical problems were beyond analytic solution and that simulation techniques were required. At RAND, I participated in the building of large logistics simulation models; at General Electric, I helped build models of manufacturing plants. Harry Markowitz

Problems Plants Build Building Others Analytic Rand Solution Logistics General Simulation Beyond Practical Were Did Models Decided Required Electric Manufacturing Helped Large Many Techniques

Harry Markowitz Quotes

No more Harry Markowitz quotes