Published on May 11, 2012
IFA.com: http://ifa.com - Take the Risk Capacity Survey: http://ifarcs.com - Complete the Retirement Analyzer: http://ifa.com/ra - Call 888-643-3133
Mark Hebner sits down with Nobel Laureate Harry Markowitz to discuss his accomplishments, his early years, the advent of the Modern Portfolio Theory, behavioral finance, and his Nobel prize in economics.
2:00 - The Early Years: What drove Harry Markowitz's interest in attending the University of Chicago and studying economics?
4:24 - Why do they still call it Modern Portfolio Theory?
13:21 - When the thought of Modern Portfolio Theory hit Harry Markowitz, did he have any idea what its impact might be?
15:42 - Did Merton Miller's Prize really fit in with Harry Markowitz and Bill Sharpe's prize?
17:45 -- How was Harry Markowitz's paper, "Portfolio Selection," characterized when proposed at his dissertation?
23:05 -- What was some of the academic research conducted in the period of time between the publishing of Harry Markowitz's "Portfolio Selection" and his Nobel Prize in 1990?
35:01 - What is sound diversification, and why is it important?
46:00 -- What is Harry Markowitz's response to critics saying Modern Portfolio Theory is dead?
54:30 -- What is Behavioral Finance?
1:00:06 -- What was it like for Harry Markowitz when he received the phone call from Sweden that he won the Nobel Prize?
1:06:51 -- What was it like to win the John von Neumann Theory Prize?
IFA.tv provides webcasts explaining the investing strategies of IFA.com and Mark Hebner's book, Index Funds: The 12-Step Recovery Program for Active Investors, with Foreword by Nobel Laureate Harry Markowitz. See hard cover here: http://www.IndexFundsBook.com ; the iBook here: http://IndexFundsiBook.com ; the Kindle edition here: http://IndexFundsKindle.com ; and the Nook edition here: http://IndexFundsNook.com.