Investments: the (almost) century of Markowitz Harry Markowitz: portfolio selection scholar, simulation creator, and applied investment researcher and consultant extraordinaire
本文赞扬哈里·马科维茨的贡献，他创造了投资组合选择理论，并开创了金融经济学、计算机模拟编程和投资组合优化，在32岁前完成这些工作。
We have come to praise Harry Markowitz. It is an easy task to undertake. It is a good and just cause. It is difficult to do correctly because Harry was a brilliant and very complex researcher and individual. Harry created portfolio selection as we know it. However, he truly created financial economics, which includes portfolio selection, computer simulation programming, and portfolio optimization, and he offered great insights into utility theory and its role in rational decision-making. These tasks were completed before Harry was 32 years old. His Cowles Foundation monograph, Portfolio Selection: Efficient Diversification of Investments, was published by John Wiley & Sons in 1959.