Nobel Memorial Prize Winner Dr. Harry Markowitz
Centaurus Financial, Inc.
Wealth Management Conference
Oct 1, 2010
NewPort Beach, CA
Legendary economist and guest speaker presents
Portfolio Theories: Past, Present & Future
A Nobel Memorial Prize winning economist who devised the modern portfolio theory in 1952. Markowitz's theories emphasized the importance of portfolios, risk, the correlations between securities and diversification. His work changed the way that people invested.
Prior to Markowitz's theories, emphasis was placed on picking single high-yield stocks without any regard to their effects on portfolios as a whole. Markowitz's portfolio theory would be a large stepping stone towards the creation of the capital asset pricing model.
It was my pleasure to attend this meeting and have the opportunity to meet and hear from a legendary economist on what his thoughts are of the future...