History
Further information: Dedicated Portfolio Theory#HistoryImmunization was discovered independently by several researchers in the early 1940s and 1950s. This work was largely ignored before being re-introduced in the early 1970s, whereafter it gained popularity. See Dedicated Portfolio Theory#History for details.
Read more about this topic: Immunization (finance)
Famous quotes containing the word history:
“It is the true office of history to represent the events themselves, together with the counsels, and to leave the observations and conclusions thereupon to the liberty and faculty of every mans judgement.”
—Francis Bacon (15611626)
“Racism is an ism to which everyone in the world today is exposed; for or against, we must take sides. And the history of the future will differ according to the decision which we make.”
—Ruth Benedict (18871948)
“America is the only nation in history which, miraculously, has gone directly from barbarism to degeneration without the usual interval of civilization.”
—Attributed to Georges Clemenceau (18411929)