{"title":"A hypothesis: Portfolio theory is elegant but useless","authors":"P. A. Bowen","doi":"10.1080/10293523.1984.11082227","DOIUrl":null,"url":null,"abstract":"Portfolio theory is an elegant but useless creature with a prodigious appetite for data. It is the sterile offspring of an unlikely marriage of finance and mathematics.","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"9 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1984-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"12","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"The Investment Analysts Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/10293523.1984.11082227","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 12
Abstract
Portfolio theory is an elegant but useless creature with a prodigious appetite for data. It is the sterile offspring of an unlikely marriage of finance and mathematics.