Harry Markowitz

Harry Max Markowitz (born August 24, 1927) is an American economist of Jewish descent. He received the 1989 John von Neumann Theory Prize and the 1990 Nobel Prize in Economics.
Early life.
Markowitz was born on August 24, 1927 in Chicago, Illinois. He studied at the University of Chicago.
Career.
Markowitz is a professor of finance at the Rady School of Management at the University of California, San Diego (UCSD). He is best known for his pioneering work in Modern Portfolio Theory, studying the effects of asset risk, return, correlation and diversification on probable investment portfolio returns.
Markowitz won the Nobel Prize in Economics in 1990.
Personal life.
Markowitz now lives in Chicago, Illinois as a retired professor.