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Harry Markowitz
Sign in to saveAlso known as Harry Max Markowitz, Harry M. Markowitz
American economist (1927–2023)
OverviewAI-generated
Harry Max Markowitz (1927–2023) was an American economist whose field of work included financial economics and economics. Born in Chicago, he was educated at the University of Chicago, where his doctoral advisors were Milton Friedman and Jacob Marschak. His notable work is modern portfolio theory. Markowitz was employed by the RAND Corporation, the University of California, San Diego, and the University of Tokyo.
He received the Prize in Economic Sciences in Memory of Alfred Nobel and the John von Neumann Theory Prize. Markowitz was a member of the American Academy of Arts and Sciences and the Econometric Society. His archives are held at the Computer History Museum. He died in San Diego from pneumonia and sepsis.
Synthesized by Vinony from 38 facts across 8 sources: Wikidata, Crossref, Open Library, MusicBrainz, Wikiquote, Nobel Prize, Vinony collections, Vinony graph. Generated from structured data (not the Wikipedia text) and checked against those facts — may still contain errors.
Person · Open Library
- Born
- 1927
- Died
- 2023
- Works
- 29
via Open Library + Wikidata
Music · MusicBrainz
- Type
- Person
- Gender
- Male
- Origin
- United States
- Active from
- 1926-09-03
- Active to
- 1994-12-06
via MusicBrainz · CC0
Recent publications · Crossref
5 total works indexed
- Geneious Basic: An integrated and extendable desktop software platform for the organization and analysis of sequence data
· 2012 · cited 17,974x
- Observation of Gravitational Waves from a Binary Black Hole Merger
· 2016 · cited 11,706x
- Minimal information for studies of extracellular vesicles 2018 (MISEV2018): a position statement of the International Society for Extracellular Vesicles and update of the MISEV2014 guidelines
· 2018 · cited 9,664x
- The mutational constraint spectrum quantified from variation in 141,456 humans
· 2020 · cited 9,186x
- The International Scientific Association for Probiotics and Prebiotics consensus statement on the scope and appropriate use of the term probiotic
· 2014 · cited 8,610x
via Crossref · CC0
Quotes
- “I was a colleague of Armen's, at the Rand Corporation "think tank," during the 1950s, and hold no economist in higher regard. When I sat down at my keyboard just now it was to find out what happened to Armen's works. One Google response was someone saying that Armen should get a Nobel Prize. I concur. My own Nobel Prize in Economics was awarded in 1990 along with the prize for Wm. Sharpe. I see in Wikipedia that Armen "influenced" Bill, and that Armen is still alive and is 96 years old.”
- “If I had to vote for what is the greatest piece of music ever conceived by the human mind, I'd have a hard time choosing between the Chaconne that ends Bach's second partita for unaccompanied violin or the his Chromatic Fantasy and Fugue for the piano.”
- “She talks about how Brahms baby sat them while her mother, Clara, was out earning a living, concertizing all over Europe. Brahms continued in their lives until his death. She also talks about her loving relationship with her mother; her usual sibling like relationships with the other Schumann children; and how she would get mad at Brahms when he would make her mother sad, even cry, but none of them could be mad at Brahms for very long.”
- “A great man who wrote and spoke great speeches as the leader of a great cause: Great., Great. Great!,”
via Wikiquote · CC BY-SA
Key facts
- Born
- Harry Max Markowitz , ( 1927-08-24 ) August 24, 1927, Chicago , Illinois, U.S.
- Died
- June 22, 2023 (2023-06-22) (aged 95), San Diego , California, U.S.
- Education
- University of Chicago ( PhB , MA , PhD )
- Doctoral advisor
- Milton Friedman , Jacob Marschak
- Influences
- Tjalling Koopmans , Leonard Savage
- Discipline
- Financial economics
- School or tradition
- Chicago School of Economics
- Institutions
- Harry Markowitz Company, Rady School of Management at the University of California, San Diego , Baruch College , RAND Corporation , Cowles Commission , University of Pennsylvania
- Notable ideas
- Modern portfolio theory , Efficient frontier , Sparse matrix methods, SIMSCRIPT
- Awards
- John von Neumann Theory Prize (1989), Nobel Memorial Prize in Economic Sciences (1990)
- Website
- Information at IDEAS / RePEc
via Wikipedia infobox
Nobel Prize
- The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel1990
“for their pioneering work in the theory of financial economics”
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Encyclopedic overview
Harry Max Markowitz (August 24, 1927 – June 22, 2023) was an American economist who received the 1989 John von Neumann Theory Prize and the 1990 Nobel Memorial Prize in Economic Sciences.
Markowitz was a professor of finance at the Rady School of Management at the University of California, San Diego (UCSD). 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.
Excerpted from Wikipedia’s “Harry Markowitz” article, available under the CC BY-SA 4.0 licence.