portfolio theory1 [Corporate Finance] Foundation of Finance Topics (4): Portfolio Theory Portfolio Theory, also known as Modern Portfolio Theory (MPT), was developed by Harry Markowitz in the 1950s. It's a fundamental concept in financial economics that deals with the ways in which investors can construct portfolios to maximize expected return based on a given level of market risk. Risk-Return Trade-Off Fundamental Premise: Investors are risk-averse; they prefer a less risky portfol.. 2024. 1. 16. 이전 1 다음
