Horses for courses: Mean-variance for asset allocation and 1/N for stock selection

Optimal Versus Naive Diversification: How Inefficient is the 1/<i>N</i>Portfolio Strategy?

Victor DeMiguel, Lorenzo Garlappi, Raman Uppal · Review of Financial Studies · 2007 · 3.1K citations

Global Portfolio Optimization

Fischer Black, Robert B. Litterman · Financial Analysts Journal · 1992 · 1.8K citations

Mathematical Programming, Economics, Portfolio Optimization +15

The Efficiency Analysis of Choices Involving Risk

Giora Hanoch, Haim Levy · The Review of Economic Studies · 1969 · 1.4K citations

Behavioral Decision Making, Economic Inquiry, Choice Theory +21

A Generalized Approach to Portfolio Optimization: Improving Performance by Constraining Portfolio Norms

Victor DeMiguel, Lorenzo Garlappi, Francisco J. Nogales et al. · Management Science · 2009 · 1.1K citations

Mathematical Programming, Engineering, Asset Allocation +16

Determinants of Portfolio Performance

Gary P. Brinson, L. Randolph Hood, Gilbert L. Beebower · Financial Analysts Journal · 1986 · 1K citations

Asset Allocation, Portfolio Management, Portfolio Strategy +18