An improvement on the famous Markowitz theorem may have the potential to not only more accurately predict the next financial crises, but also the outbreak of pests and diseases, or whether a patient ...

Sixty-five years ago, in 1952, Dr. Harry Markowitz introduced Modern Portfolio Theory (MPT), which uses diversification to achieve the best expected return for a given level of risk, where risk is ...

Forbes contributors publish independent expert analyses and insights. I identify the pure investment merit of assets with a macro lens. Gold’s unrivaled history, dating back to ancient empires, has ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Erika Rasure is globally-recognized as ...

While the list obviously incorporates selection bias, as Nobel Prizes are awarded only to those who are alive—a policy fully applied by John Goodenough, who was honored at age 97—the group’s health ...

He overturned the traditional approach to buying stocks by examining the relationship between risk and reward. By Robert D. Hershey Jr. Harry M. Markowitz, an economist who launched a revolution in ...