Harry M. Markowitz

Banquet speech

Harry M. Markowitz’ speech at the Nobel Banquet, December 10, 1990

Your Majesties, Your Royal Highnesses, Ladies and Gentlemen,

I would like to express my deepest thanks to the Nobel Foundation for the honor you do us, on behalf of the three of us who are here tonight and on behalf of hundreds of others who consider Financial Economics to be their principal field. We take this award to be a recognition and acceptance of Financial Economics as a branch of Economics, equal to any, as much as a reward for the efforts of three individuals.

At a more personal level I would like to thank Your Majesties, Your Royal Highnesses – indeed I would like to thank all of Sweden – for the great, grand good time you have shown my family and me during this wonderful Nobel week.

Many, many thanks to all of you. Thank you.

From Les Prix Nobel. The Nobel Prizes 1990, Editor Tore Frängsmyr, [Nobel Foundation], Stockholm, 1991

Copyright © The Nobel Foundation 1990

To cite this section
MLA style: Harry M. Markowitz – Banquet speech. NobelPrize.org. Nobel Prize Outreach AB 2023. Sun. 24 Sep 2023. <https://www.nobelprize.org/prizes/economic-sciences/1990/markowitz/speech/>

Back to top Back To Top Takes users back to the top of the page

Coming up

This year’s Nobel Prize announcements will take place 2–9 October. All announcements will be streamed live here on nobelprize.org.

See the full schedule
Announcement dates

Explore prizes and laureates

Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.