A Markowitz-efficient portfolio is one where diversification cannot lower the portfolio's risk for a given return expectation. The set of all such portfolios forms the **Markowitz Efficient Frontier**.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1990 was awarded jointly to Harry M. Markowitz, Merton H. Miller and William F. Sharpe "for their pioneering work in the theory …

The research that earned Markowitz the Nobel Prize involved his “ portfolio theory,” which sought to prove that a diversified, or “optimal,” portfolio—that is, one that mixes assets so as to maximize …

Oct 5, 2025 · Harry Markowitz's Modern Portfolio Theory (MPT), introduced in 1952, transformed investment strategies by focusing on entire portfolio performance rather than individual stocks.

Harry Markowitz revolutionized the field of finance by introducing the concept of portfolio optimization with his modern Portfolio Theory, providing a mathematical framework for investors to make informed …

Jul 11, 2023 · Dr. Markowitz won the Nobel—which he shared with two other scholars—for his pioneering work in what became known as Modern Portfolio Theory (MPT). It was the subject of his …

I n 1990, U.S. economists Harry Markowitz, William F. Sharpe, and Merton H. Miller shared the Nobel Prize “for their pioneering work in the theory of financial economics.” Their contributions, in fact, were …