USF School of Management’s Silk Speaker Series Presents Nobel Prize Winning Father of Modern Portfolio Theory Dr. Harry Markowitz

Feb. 21 Moderated Lecture to Focus on Financial Decisions for Life’s Major Moments 

SAN FRANCISCO (February 7, 2018) -- The University of San Francisco (USF) School of Management’s Silk Speaker Series will host Nobel laureate in Economics Dr. Harry Markowitz for a lecture moderated by Dr. Ludwig Chincarini, USF Professor of Finance. The lecture will take place on Wednesday, Feb. 21 from 6:00 - 7:15 p.m. at the McLaren Complex on the USF campus. 

The topic of Markowitz’s lecture, “Why Can’t My Life Decisions Be Made By Siri?”, will focus on how to take finance further than just investing, including creating a system to make life decisions from IRAs, to buying a house, to college funding and simplifying your life. 

"It’s a tremendous honor to have Dr. Harry Markowitz - the father of modern portfolio theory - here at USF," said Dr. Chincarini. "His work changed the world of investing, and this lecture featuring questions from fellow Nobel Prize winners will provide an inspiring look at investing to a new generation of USF students as well as our faculty and guests." 

In 1990, Dr. Markowitz shared the Nobel Prize in Economics for his work on portfolio theory, having been awarded The John von Neumann Award from the Operations Research Society of America the year before for his work in sparse matrix techniques and SIMSCRIPT. In the 1950s, Markowitz’s then-controversial graduate student paper applying statistics to the portfolio problem showed that buying multiple securities could result in less risk with the same return. The fundamental economic principles of ‘optimal asset allocation’ and ‘efficient frontier’ refer to Markowitz’s groundbreaking work. In addition to leading the Harry Markowitz Company, he is also an adjunct professor at the Rady School of Management at UC San Diego. 

Now in its second year, the Silk Speaker Series has featured speakers including Dr. Myron Scholes and Dr. Robert Merton, Nobel laureates in economic sciences; Steve Wozniak, co-founder of Apple, Inc.; NBA great Earvin “Magic” Johnson Jr., and Dr. Condoleezza Rice, 66th Secretary of State, among others. 

RSVPs are strongly suggested and reservations can be made online via this link: https://rsvp.usfca.edu/c/express/78e3af99-0ea1-45a2-bad2-de30b5ac5dab

About the USF Silk Speaker Series 

Funded by a transformational gift to the University of San Francisco by investment expert Jeff Silk ’87 and his wife Naomi, the USF Silk Speaker Series brings international thought leaders in business, finance and global issues to USF’s campus. Learn more about the Jeff & Naomi Silk Speaker Series at www.usfca.edu/news/Silk-Speaker-Series

About the University of San Francisco 

The University of San Francisco is located in the heart of one of the world’s most innovative and diverse cities and is home to a vibrant academic community of students and faculty who achieve excellence in their fields. Its diverse student body enjoys direct access to faculty, small classes and outstanding opportunities in the city itself. USF is San Francisco’s first university, and its Jesuit Catholic mission helps ignite a student’s passion for social justice and a desire to “Change the World from Here.” For more information, please visit usfca.edu.