Harry M. Markowitz won the Nobel Prize in economics as the father of “modern portfolio theory,” the idea that people shouldn’t put all of their eggs in one basket, but should diversify their investments.
Markowitz split most of his his own retirement investments down the middle, put half in a stock fund and the other half in a conservative, low-interest investment.
Markowitz invested more wisely than some fellow Nobelists who have significant portions of their nest eggs in money market accounts, some of the lowest-returning investment vehicles available.
Utopia, you are standing in it! 
Recent Comments