RT Kevin Bryan
Lovely obit of Harry Markowitz, who developed modern portfolio theory in his '52 article: to maximize returns under risk aversion, buy negatively correlated assets in a particular way. An idea so novel & useful it's hard to see what people did prior to it! https://www.nytimes.com/2023/06/25/obituaries/harry-m-markowitz-dead.html

🐦🔗: https://n.respublicae.eu/Afinetheorem/status/1673066315660009474