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Have You Ever Interviewed A Nobel Laureate?

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Old Mar 26, 2010 | 10:10 PM
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Default Have You Ever Interviewed A Nobel Laureate?

I spent essentially the entire day today with Dr. Harry Markowitz, co-recipient of the 1990 Nobel Memorial Prize in Economic Sciences. Originally, Dr. Markowitz said that he could give me and my videographer an hour for the interview. We taped for nearly two hours, went to lunch, then walked around La Jolla for about two hours, talking about Modern Portfolio Theory, mathematics, other notables in economics and finance (Fischer Black, Myron Scholes, Robert Merton, and others), and so on.

He gave me an autographed copy of his book Portfolio Selection, as well as three other books; he autographed a copy of his book for my videographer as well.

What a thrill!

The video will be edited and added to an online course I'm developing for the University of California, Irvine on Modern Portfolio Theory and Dr. Markowitz' efficient frontier. The students will get to see the father of Modern Portfolio Theory talking about portfolio analysis, cracking jokes, and generally being a brilliant, warm, humorous, down-to-earth gentleman. It's going to be the highlight of the course.
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Old Mar 27, 2010 | 05:34 PM
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very nice.
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Old Mar 27, 2010 | 05:37 PM
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Old Mar 27, 2010 | 06:32 PM
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any chance we will be able to see vid?
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Old Mar 27, 2010 | 06:32 PM
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Did you give him a ride in the S2000 afterward? It might've been the most fun he's ever had.

P.S. Top down, of course.
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Old Mar 27, 2010 | 06:35 PM
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Originally Posted by Steponme,Mar 27 2010, 07:32 PM
It might've been the most fun he's ever had.


i think his work falls under micro-economics.. i just finished a course on that and it was not fun at all..
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Old Mar 27, 2010 | 06:47 PM
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Originally Posted by Gatsbee13,Mar 27 2010, 06:32 PM
any chance we will be able to see vid?
The videographer joked about putting it on YouTube. I'd like to get a copy of the (edited) video; I'll have to see whether the powers-that-be at UCI will allow that. If so, I'll make it available.
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Old Mar 27, 2010 | 06:54 PM
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Originally Posted by Gatsbee13,Mar 27 2010, 06:35 PM
i think his work falls under micro-economics.. i just finished a course on that and it was not fun at all..
These days it's considered finance.

When he was being considered for his PhD, Milton Friedman said that his work wasn't really Economics.
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Old Mar 27, 2010 | 06:58 PM
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Originally Posted by magician,Mar 27 2010, 07:54 PM
These days it's considered finance.

When he was being consedered for his PhD, Milton Friedman said that his work wasn't really Economics.
which means ill probably be learning some of his concepts since im a Finance major. are they thought in the business schools or 4 year undergrad?
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Old Mar 27, 2010 | 07:15 PM
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Originally Posted by Gatsbee13,Mar 27 2010, 06:58 PM
which means ill probably be learning some of his concepts since im a Finance major. are they thought in the business schools or 4 year undergrad?
I suspect that you mean "taught", not "thought".



Modern Portfolio Theory generally puts in an appearance in an undergraduate course in portfolio management. Markowitz' efficient frontier is part of MPT.
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