History
Harry Markowitz introduced MPT in a 1952 article and a 1959 book. Markowitz classifies it simply as "Portfolio Theory," because "There's nothing modern about it." See also this survey of the history.
Read more about this topic: Satellite (financial)
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“History is the present. Thats why every generation writes it anew. But what most people think of as history is its end product, myth.”
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“To history therefore I must refer for answer, in which it would be an unhappy passage indeed, which should shew by what fatal indulgence of subordinate views and passions, a contest for an atom had defeated well founded prospects of giving liberty to half the globe.”
—Thomas Jefferson (17431826)
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—Griffin Jay, and Reginald LeBorg. Prof. Norman (Frank Reicher)