In December of 2006, which is almost 17 years ago, I wrote the original version of this short paper titled “Markowitz Bites Back: The Failure of CAPM, Compression of Risky Asset Spreads and Paths Back ...
USC rushed for a season-high 296 yards last week against Cal, averaging a robust 7.4 yards per carry. The only sack against Matt Barkley came when he tripped over one of his teammates. So you’d think ...
With the publication of his simply titled dissertation, "Portfolio Selection," 55 years ago, Harry Markowitz, a doctoral candidate in economics at the University of Chicago, presented the investment ...