(Bloomberg) — Harry Markowitz, a Nobel Prize-winning economist who redefined money management by showing that diversification could reduce investment risk while maximizing returns, has died. He was 95 ...

Harry Markowitz sits with Sander Gerber. Markowitz holds his John von Neumann Theory Prize, the award he treasured most. Gerber holds his Nobel Prize. (Courtesy photo) Countless investors, ranging ...

Harry Markowitz, a Nobel laureate economist who applied the adage “don’t put all your eggs in one basket” to the world of stock investing and risk, developing theories on diversified portfolios that ...

Harry Markowitz, who won the Nobel in economic science in 1990 for his work on portfolio theory and the relationship between risk and reward, died last week at the age of 95. He was not only among the ...

Nobel laureate Harry M. Markowitz, the economist whose work in modern portfolio theory gave birth to the field of quantitative finance, has died at age 95. Mr. Markowitz, who died June 22, won the ...