Portfolio Selection: Efficient Diversification of Investments

by Harry M. Markowitz

Applies modern techniques of analysis and computation to the problem of finding combinations of securities that best meet the needs of the private institutional investor. Written primarily with the nonmathematician in mind, although it contains mathematical development of the subject in appendixes.

Genres: Finance, Economics, Business, Nonfiction

368 pages, Paperback

First published January 28, 1968

About the author

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.

Reviews

[Alexandre Oliveira · Rating 5 out of 5]

Here Harry Markowitz demonstrate his brightness by creating a new subject mixing operations research, statistics, math and economics.

Any investment professional must read and have this book on the shelf, at least for historical reasons!

[David · Rating 5 out of 5]

awesome book. won markowitz the Nobel, but doesn't seem to be worthy @ goodreads