Markowitz, H. (Harry), 1927-

Harry Max Markowitz was born on August 24, 1927 in Chicago, Illinois. He received his bachelor's degree and Ph.D. (1955) in economics from the University of Chicago with a thesis on the portfolio theory. Markowitz joined the RAND Corporation in 1952. He is best known for his pioneering work in Modern Portfolio Theory, studying the effects of asset risk, return, correlation and diversification on probable investment portfolio returns. He also co-founded a computer software company, CACI, after having developed the programming language SIMSCRIPT. Dr. Markowitz is the 1989 recipient of the John von Neumann Theory Prize by the Operations Research Society of America and The Institute of Management Sciences. He also received the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (1990).

From the description of Harry M. Markowitz Papers, 1963, 1965, and 1967 [manuscript]. (North Carolina State University). WorldCat record id: 761307500

Harry Max Markowitz was born on August 24, 1927 in Chicago, Illinois. He received his bachelor’s degree and Ph.D.(1955) in economics from the University of Chicago with a thesis on the portfolio theory. Markowitz joined the RAND Corporation in 1952.

He is best known for his pioneering work in Modern Portfolio Theory, studying the effects of asset risk, return, correlation and diversification on probable investment portfolio returns. He also co-founded a computer software company, CACI, after having developed the programming language SIMSCRIPT.

Dr. Markowitz is the 1989 recipient of the John von Neumann Theory Prize by the Operations Research Society of America and The Institute of Management Sciences. He also received the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (1990).

From the guide to the Harry M. Markowitz Papers, 1963, 1965, 1967, (Special Collections Research Center)