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The Founders of Modern Finance: Their Prize-Winning Concepts and 1990 Nobel Lectures

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Because of the significance of the 1990 Nobel Prize in Economic Sciences to all investment practitioners, the seminal works—as well as the acceptance speeches—of winners Harry M. Markowitz, Merton H. Miller, and William F. Sharpe are presented in this monograph.

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Published July 1, 1991

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About the author

Harry M. Markowitz

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Harry M. Markowitz, PhD, is a consultant in the area of finance. In 1990, he was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for his groundbreaking work in portfolio theory. In 1989, he received the John von Neumann Theory Prize of the Institute for Operations Research and the Management Sciences for his work in portfolio theory and other applications of mathematics and computers to business practice.

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