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The Theory of Friedman and Savage

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The Portfolio Theorists

Part of the book series: Great Minds in Finance ((GMF))

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Abstract

The collaboration between Milton Friedman and Leonard Jimmie Savage was serendipitous. These two great minds began discussions as part of the Second World War research effort while both were researchers at the Columbia University-associated Division for War Research. By that time, Friedman was already a towering figure in the Statistical Research Group at Columbia.

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© 2012 Colin Read

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Read, C. (2012). The Theory of Friedman and Savage. In: The Portfolio Theorists. Great Minds in Finance. Palgrave Macmillan, London. https://doi.org/10.1057/9780230362307_10

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