A through guide covering Modern Portfolio Theory as well as the recent developments surrounding it
Modern portfolio theory (MPT), which originated with Harry Markowitz's seminal paper "Portfolio Selection" in 1952, has stood the test of time and continues to be the intellectual foundation for real-world portfolio management. This book presents a comprehensive picture of MPT in a manner that can be effectively used by financial practitioners and understood by students.

Modern Portfolio Theory provides a summary of the important findings from all of the financial research done since MPT was created and presents all the MPT formulas and models using one consistent set of mathematical symbols. Opening with an informative introduction to the concepts of probability and utility theory, it quickly moves on to discuss Markowitz's seminal work on the topic with a thorough explanation of the underlying mathematics.

一本涵盖现代投资组合理论及其最新发展的完整指南
现代投资组合理论（MPT）起源于1952的Harry Markowitz开创性论文“投资组合选择”，它经受了时间的考验，并继续成为现实世界投资组合管理的智力基础。这本书提出了一个MPT的方式，可以有效地使用金融从业人员和学生理解的全面图片。
现代投资组合理论总结了自MPT创立以来所有金融研究的重要发现，并用一组一致的数学符号给出了所有MPT公式和模型。首先介绍了概率论和效用论的概念，然后很快讨论了马科维茨在这一主题上的开创性工作，并对基础数学进行了透彻的解释。