John Lintner

John Lintner was an American economist best known for his work in financial theory and investment. He is particularly noted for formulating the Lintner model of stock price behavior and co-developing the Capital Asset Pricing Model (CAPM), which describes how expected investment returns relate to risk. His research helped shape modern portfolio theory and influenced how investors and analysts view asset pricing and market efficiency. Lintner’s insights contributed significantly to the understanding of risk and return in finance, impacting both academic theory and practical investment strategies.