Ian’s Investment Philosophy (really Harry Markowitz’)
Posted: September 7, 2011 Filed under: Harry Markowitz, Modern Portfolio Theory, Uncategorized | Tags: Harry markowitz, investment portfolio, Investments, long term investments, Modern Portfolio theory Leave a comment »Ian’s Investment Philosophy (really Harry Markowitz‘)
Putting money in a savings account means losing money on the long term. Investing money entails risk. What to do?
Harry Markowitz won a nobel prize for his Modern Portfolio Theory, developed in the 1950′s. Shorthand – don’t just speculate, assess risk. I have studied under Mr. Markowitz. I wrote a book in the 90′s and base my investments on this long term strategy. It still works today. In my opinion it is the only thing to do.
Excerpt from my book:
What are Modern Portfolio Theory’s Advantages?
What Modern Portfolio Theory does is provide a means of accomplishing three extremely important objectives for your personal investment portfolio:
- You can pick the level of risk you are comfortable with. You pick investments that let you sleep at night.
- You can ignore day-to-day and even year-to year fluctuations in the financial markets. This is a long term strategy, and over the long term values have always risen-with remarkable consistency, as we’ll show you later in the book.
- You can count on receiving, with 99% probability, the highest possible returns for the level of risk you are comfortable with.
Sound good to you?
(more to come in the future …)
Copyright 2011 Ian Hurwitz “Ian’s Investment Philosophy (really Harry Markowitz’)“
