Harry Markowitz: Why Can’t My Life Decisions Be Made by Siri?

Wednesday, February 21 5:30 – 7:15 p.m.

McLaren Complex

Markowitz mid-lecture

Take 2018 by the horns and join USF in learning about taking finance further than just investing. Create a system to make life decisions, from college funding, to IRAs, to buying a house, and to simplifying your life.

Agenda

  • 5:30 PM: Doors Open

  • 6:00 - 7:15 PM: Moderated lecture featuring Dr. Harry Markowtiz. Lecture moderated by Dr. Ludwig Chincarini, USF Professor of Finance

About Dr. Harry Markowtiz

Harry Markowitz is known as the father of modern portfolio theory. Prior to his work in the 1950s as a graduate student at Chicago, most investors bought just a handful of stocks. In his controversial paper, he applied elementary statistics to the portfolio problem and showed that buying multiple securities could result in less risk with the same return. In other words, he showed mathematically why you shouldn’t “…put all your eggs in one basket.”  When anyone mentions the words “efficient frontier” or “optimal asset allocation” they are referring to Markowitz’s work. His work changed the world of investing.

In 1989 Dr. Markowitz received The John von Neumann Award from the Operations Research Society of America for his work in portfolio theory, sparse matrix techniques and SIMSCRIPT. In 1990 he shared The Nobel Prize in Economics for his work on portfolio theory. Dr. Markowitz is the principal of Harry Markowitz Company. He is also an adjunct professor at the Rady School of Management, UCSD.