Abstract

This article highlights the author’s perspectives on the legacy of Harry Markowitz and offers reflections on their personal and academic relationship. Harry Markowitz was a polymath, passionately interested in just about everything. In fact, he believed it was his curiosity that allowed him to make his mark in finance over a career that spanned more than 70 years. Upon publishing his 1952 paper, “Portfolio Selection,” Harry knew that he done something substantial but also realized it had limitations. He explicitly acknowledged and tested those limitations throughout his career, through new research endeavors and published works. While passionate about academia, Harry took issue with ordinary thinkers who clung tightly to prior beliefs, rather than being curious about alternative perspectives or eager to challenge convention. But beyond being a genius, pathbreaking pioneer, and candid critic, the author remembers Harry as a wonderful human being, a dear friend, and one of the most influential mentors in life. This article provides examples of papers and personal conversations that illustrate the inquisitiveness, character, and high academic standards that made Harry Markowitz extraordinary.