How to Pronounce John Lintner
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Feb 09, 1916 Died on 08 Jun 1983 (aged 67)
American economist
AquariusJohn Lintner - Place of Birth, Date of Birth, Age, Wiki, Facts, Net Worth, Birthday, Biography and Family
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About John Lintner
- John Virgil Lintner, Jr.
- (February 9, 1916 – June 8, 1983) was a professor at the Harvard Business School in the 1960s and one of the co-creators (1965 a, b) of the capital asset pricing model. For a time, much confusion was created because the various economists working on this model independently failed to realize that they were saying much the same thing.
- They looked at the issue of capital asset valuation from different perspectives.
- William F.
- Sharpe, for example, approached the problem as an individual investor picking stocks.
- Lintner, on the other hand, approached it from the perspective of a corporation issuing shares of stock. Lintner was also known for a 1983 presentation he gave to the Financial Analysts Federation.
- For the first time he presented what has become known as the "Lintner Paper," formally titled “The Potential Role of Managed Commodity-Financial Futures Accounts (and/or Funds) in Portfolios of Stocks and Bonds.” Lintner's research combined a volatile asset, managed futures CTAs, with another volatile asset, stocks, to reduce overall portfolio volatility and improve returns.
- For NonCorrelated investors LIntner's work was a foundational milestone that has been used to advance this investment discipline.
- Lintner earned his bachelor's degree from the University of Kansas in 1939.
- He arrived at Harvard for graduate study the next year.
- He quickly impressed the faculty, and in 1942 became a member of the Society of Fellows, a three-year paid fellowship with no duties except self-directed research.
