The Markowitz Contribution to Portfolio Theory

Abstract

This issue of Managerial Finance is devoted to modern portfolio theory which has evolved since the pioneering work of Markowitz in 1952. Before the development of modern portfolio theory investors and their advisers used the “traditional approach” to investment management and portfolio selection.

Citation

Witt, S.F. and Dobbins, R. (1979), "The Markowitz Contribution to Portfolio Theory", Managerial Finance, Vol. 5 No. 1, pp. 3-17. https://doi.org/10.1108/eb013433