Harry Markowitz famous quotes
Last updated: Sep 5, 2024
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A good portfolio is more than a long list of good stocks and bonds. It is a balanced whole, providing the investor with protections and opportunities with respect to a wide range of contingencies.
-- Harry Markowitz -
In choosing a portfolio, investors should seek broad diversification, Further, they should understand that equities--and corporate bonds also--involve risk; that markets inevitably fluctuate; and their portfolio should be such that they are willing to ride out the bad as well as the good times.
-- Harry Markowitz -
To reduce risk it is necessary to avoid a portfolio whose securities are all highly correlated with each other. One hundred securities whose returns rise and fall in near unison afford little protection than the uncertain return of a single security.
-- Harry Markowitz -
Perhaps the most important job of a financial advisor is to get their clients in the right place on the efficient frontier in their portfolios. But their No. 2 job, a very close second, is to create portfolios that their clients are comfortable with. Advisors can create the best portfolios in the world, but they won't really matter if the clients don't stay in them.
-- Harry Markowitz -
It's like a crapshoot in Las Vegas, except in Las Vegas the odds are with the house. As for the market, the odds are with you, because on average over the long run, the market has paid off.
-- Harry Markowitz -
We next consider the rule that the investor does or should consider expected return a desirable thing and variance of return an undesirable thing.
-- Harry Markowitz
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It's been so long and I'm lost without you, what am I gonna do? I been needin' you, wantin' you, wonderin' if you're the same and who's been with you. Is your heart still mine? I wanna cry sometimes ... I miss you.
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So long as the human spirit thrives on this planet, music in some living form will accompany and sustain it and give it expressive meaning.
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A major celebrity is a major brand, and major brands pick very critically what other brands they're going to associate with. So an A-list celebrity usually picks an A-list brand.
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There are many resistance movements in the world, like the IRA for instance. But it is only Islamic resistance movements that are put on the terrorist list. This is what I am saying.
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I'm on the very blackest part of the black list.
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It's pretty high up there on the list. Being able to return a serve at that speed is one of the biggest things that separates the professionals from the recreational players.
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It was easy in the early nineties to make a list of great things that could be done, now that there was such a convenient source of entangled pairs. Anton's claim to fame is that he went and did them.
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I don't have any doubts either about the Universal Declaration of Human Rights. Perhaps some more should be added to the list, but I don't have the slightest doubt about human rights.
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A king ruleth as he ought, a tyrant as he lists, a king to the profit of all, a tyrant only to please a few.
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I don't know whether it's normal or not, but sex has always been something that I take seriously. I would put it higher than tennis on my list of constructive things to do.
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