Portfolio Selection.
Markowitz, Harry M
Sold by Raptis Rare Books, Palm Beach, FL, U.S.A.
AbeBooks Seller since 24 September 2003
Used - Hardcover
Quantity: 1 available
Add to basketSold by Raptis Rare Books, Palm Beach, FL, U.S.A.
AbeBooks Seller since 24 September 2003
Quantity: 1 available
Add to basketFirst edition of the economist's work, which revolutionized modern investment theory and practice. Octavo, original blue cloth. Presentation copy, inscribed by the author on the half-title page, "For William Best Wishes Harry Markowitz." Near fine in a near fine dust jacket. Housed in a custom half morocco clamshell box made by the Harcourt Bindery. "Modern portfolio theory gives a rigorous mathematical justification for the time honored investment maxim that diversification is a sensible strategy for individuals who wish to reduce their risks. Invented in the 1950s by Harry Markowitz in this book, the theory provides a firm foundation for the intuition that you should not put all your eggs in one basket and shows investors how to combine securities to minimize risk" (Burton G. Malkiel).
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