Last call for CS II. End of an era!
Does anyone remember what it was used for/what problem it solved?
@JSelway3
nyse.com/trader-update/histo…
Without Markowitz' work our industry would look very different today. Diversification and even indexing would likely be considered fringe ideas. Huge fund complexes and managers that use those strategies might not even exist. Even now his 1952 "Portfolio Selection" is a must-read
Lovely obit of Harry Markowitz, who developed modern portfolio theory in his '52 article: to maximize returns under risk aversion, buy negatively correlated assets in a particular way. An idea so novel & useful it's hard to see what people did prior to it! nytimes.com/2023/06/25/obitu…
Bill Harts retweeted
This is just a taste of @JakeBrownRadio ranting from tomorrow's episode of the @AmazinButTrue podcast. You're gonna wanna give a watch/listen to this one. It drops at 5am on every major podcast platform.
To all my Twitter friends, I've accepted the role of CEO of the Long Term Stock Exchange. I couldn't be more excited to be part of a marketplace with different values, supporting and highlighting our nation's great sustainable companies. ltse.com
Little known Wall Street custom: Smoke over New York signifies a new stock exchange CEO has been selected. 😂
@see_jeff_tweet @ltabb @cromwellc @LouPastina
A little challenge for all the Python guys. @see_jeff_tweet
sun-sentinel.com/2023/05/24/…


