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- 13:19, 21 August 2026 WikiSysopIG talk contribs created page Modern portfolio theory (Created page with "'''Modern portfolio theory''' ('''MPT''') is a framework for constructing and analyzing investment portfolios based on the relationship between risk and expected return. It was developed by Harry Markowitz and formalized in his 1952 paper "Portfolio Selection". MPT emphasizes that investors should evaluate the risk and return of a portfolio as a whole rather than considering the risk and return of individual securities inde...")