Examlex
When choosing between two theories that each explain the same set of observations, the theory that is generally acknowledged to be the more useful
Harry Markowitz
He is an economist renowned for his pioneering work in portfolio theory, establishing the basis for modern portfolio management with his concepts of diversification and risk-return optimization.
Nobel Prize-Winning
Recognition awarded for outstanding contributions in fields like Physics, Chemistry, Medicine, Literature, Peace, and Economic Sciences.
Efficient Portfolios
Investment portfolios designed to achieve the highest possible return for a given level of risk.
Standard Deviation
A measure of the dispersion or variability of a set of data points around the mean value, used in statistics and finance.
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