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RALEIGH — The late Harry Markowitz, who won the 1990 Nobel prize in economics for his work on portfolio theory, reportedly said “diversification is the only free lunch” in investing.
Even at the local level, there’s compelling evidence that economic diversity is valuable. In 2013, the Journal of Economic Development published a study examining the economic diversity and performance of
RALEIGH — The late Harry Markowitz, who won the 1990 Nobel prize in economics for his work on portfolio theory, reportedly said “diversification is the only free lunch” in investing.
RALEIGH — The late Harry Markowitz, who won the 1990 Nobel prize in economics for his work on portfolio theory, reportedly said “diversification is the only free lunch” in investing.