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Explaining 401(k) Investing Basics Through the Lens of History
Fiduciary News; free registration required Link to more items from this source
Oct. 14, 2014
"While this value vs. growth debate continued unabated, a new theory blossomed from the notes on one of Harry Markowitz's napkins. Ultimately labeled 'Modern Portfolio Theory' (or 'MPT'), it would challenge the very assumption of security analysis, regardless which flavor -- growth or value -- you preferred. The ascendency of MPT led to a more portfolio-centric, rather than an individual stock-centric, emphasis."

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