PT  - JOURNAL ARTICLE
AU  - David N. Nawrocki
TI  - A Brief History of Downside Risk Measures
AID  - 10.3905/joi.1999.319365
DP  - 1999 Aug 31
TA  - The Journal of Investing
PG  - 9--25
VI  - 8
IP  - 3
4099  - https://pm-research.com/content/8/3/9.short
4100  - https://pm-research.com/content/8/3/9.full
AB  - Downside risk measures in portfolio analysis purport to be a major improvement over traditional portfolio theory. This article traces the development of the concept from the initial portfolio theory articles in 1952 to articles in the Journal of Investing in 1994. An understanding of the issues facing the researchers provides better knowledge of the concept.