Signed by Harry Markowitz

  • Porfolio Selection.

Porfolio Selection.


Item Number: 1688

Blackwell Publishing, 1991.

First edition, later printing of the re-issue of Markowitz’s ground breaking work. Octavo, original black cloth. Fine in a fine dust jacket. Inscribed by the author.

"Modern portfolio theory gives a rigorous mathematical justification for the time honored investment maxim that diversification is a sensible strategy for individuals who wish to reduce their risks. Invented in the 1950s by Harry Markowitz in this book, the theory provides a firm foundation for the intuition that you should not put all your eggs in one basket and shows investors how to combine securities to minimize risk." (Burton G. Malkiel)

Ask a Question