For years after the Great Depression, the stock market struggled to win back investors’ confidence. Then, in 1952, Harry Markowitz suggested that investors spread their stock holdings over several companies and industries. He developed a theory for portfolio selection that helped investors in uncertain times. In 1990, Markowitz and two others won the Nobel Memorial Prize in Economic Sciences for their theory.
via Our Daily Bread http://ift.tt/1hfnINJ
No comments:
Post a Comment