Harry Markowitz — academic, 1990 Economics Nobel Prize winner — passed away on June 22nd, and his legacy in some ways defines modern finance.

学者、1990年诺贝尔经济学奖获得者哈里·马科维茨（Harry Markowitz）于6月22日去世，他的遗产在某种程度上定义了现代金融。

Alex has just written a very good obituary of Harry Markowitz in the Financial Times, which you all should read and we'll have in the show notes.

亚历克斯刚刚在《金融时报》上写了一篇关于哈里·马科维茨的非常好的讣告，你们都应该阅读， 我们将在演出笔记中看到它。

There's no way to think about any of the concepts we use to discuss finance and markets without talking at least a little bit about Harry Markowitz's contributions.

如果不谈论哈里·马科维茨的贡献， 就无法思考我们用来讨论金融和市场的任何概念。

So he was at RAND Corporation while he was working on his PhD and one of his bosses was like, oh, you should talk to this guy, Harry Markowitz, or you should, like, check out his work.

因此，当他在兰德公司攻读博士学位时， 他的一位老板说，哦，你应该和这个人哈里·马科维茨谈谈，或者你应该看看他的工作。

So, you know, it's a Thursday, it's after July 4th; we thought it'd be a good time to step back into the annals of history, ask what did Harry Markowitz do and why does he matter today?

所以，你知道，这是星期四， 7 月 4 日之后；我们认为现在是回顾历史的好时机，问问哈利·马科维茨做了什么以及为什么他在今天如此重要？