Financial Markets – Fall, 2019 – Sept 3, 2019

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Presentation transcript:

Financial Markets – Fall, 2019 – Sept 3, 2019

Beginning of Capitalism and Financial Markets

Capitalism and Financial Markets Are still in their infancy

Financial Market Theory Is Also Relatively Young Beginning a little over 70 years ago

Harry Markowitz As a graduate student in Economics at University of Chicago in the 1950s, Harry wanted to know how to optimally construct a portfolio of stocks In order to make any headway, Harry had to decide how to describe (define) a stock. So, what to do?

The End