Harry Markowitz is best known for his Nobel Prize-winning work on ________.

A) strategies for active securities trading
B) techniques used to identify efficient portfolios of risky assets
C) techniques used to measure the systematic risk of securities
D) techniques used in valuing securities options

Harry Markowitz

He is an economist renowned for his pioneering work in portfolio theory, establishing the basis for modern portfolio management with his concepts of diversification and risk-return optimization.

Nobel Prize-Winning

Recognition awarded for outstanding contributions in fields like Physics, Chemistry, Medicine, Literature, Peace, and Economic Sciences.

Efficient Portfolios

Investment portfolios designed to achieve the highest possible return for a given level of risk.