Name: William F. Sharpe.
Real Name: William Forsyth Sharpe.
Country: United States.
Date of Birth: June 16, 1934.
Education: Graduate from Riverside Polytechnic High School in 1951, and BA, MA, Ph.D. from University of California, Los Angeles.
Subjects Of Study: Finance beta capital asset pricing model.
Popularly Known: Developing the capital asset pricing model (CAPM).
Profession: Economist, and Professor of Finance, Emeritus at Stanford University.
Noble Prize Year: Nobel Prize for Peace in 1990, for their pioneering work in the theory of financial economics.
The Capital Asset Pricing Model (CAPM), developed by William Sharpe, was first published in a paper in 1962. The earlier work of fellow laureate Harry Markowitz, upon which the CAPM theory is based. The model enables portfolio performance to be evaluated in relation to the amount of risk inherent in such investments and helps managers decide when the potential return is worth the risks of the investment.
