The Blueprint for Smarter Investing
Every sophisticated portfolio in existence—whether run by a pension fund, robo-advisor, or high-net-worth wealth manager—rests on a set of core principles. These principles form the backbone of Modern Portfolio Theory (MPT). Contents Devised by Nobel Laureate Harry Markowitz in 1952, MPT revolutionized investing by quantifying the benefits of diversification. It was the first time investors … Read more