[1] He has been honored for his research by several academic and industry organizations[4][5][6][7] With Edwin Elton, he wrote Modern Portfolio Theory and Investment Analysis (Wiley), now in its 9th edition,[8] a standard textbook in the field of modern portfolio theory.
He graduated from MIT with an SB in chemical engineering, and received an MBA in production management and a PhD in finance and economics from Columbia University.
He joined the Stern School of Business as assistant professor of finance in 1965, and spent his academic career there except for a two year visiting position at the International Institute of Management, Berlin.
[14] He has written seven books and over 100 articles in scholarly journals, several with his longtime coauthor Edwin Elton.
[15] His post-1996 articles are collected in a book published by World Scientific, "Investments and portfolio performance".