Quantitative finance started in 1900 with Louis Bachelier 's doctoral thesis Theory of Speculation. Harry Markowitz 's 1952 Ph.D thesis Portfolio Selection and its published version was one of the first efforts in economic journals to formally adapt mathematical concepts to finance.
The Spaniards - Peninsulares, Criollos, and Mestizos. Like the Indians, Spaniards were also diverse in nature and background. Some were soldiers or missionaries directly from Spain. Others came as long time residents of New Spain (Mexico). Distinctions were made between criollos, those born in the Americas, and peninsulares, those born in Spain. Criollos were considered inferior to those who came from the mother country. Those persons of mixed race - Indian and Spaniard - known as mestizos, were one of the most rapidly growing groups in frontier society.
The Aztecs were a Pre-Columbian Mesoamerican people of central Mexico in the 14th, 15th and 16th centuries.They called themselves Mexica (pronounced [meËÊikaÊ]).The Republic of Mexico and its capital, Mexico City, derive their names from the word Mexica. The capital of the Aztec empire was Tenochtitlan, built on a raised island in Lake Texcoco.rom 1376 until 1427, the Mexica were a tributary of Azcapotzalco. The Aztec rulers Acamapichtli, Huitzilihuitl and Chimalpopoca were, in fact, vassals of Tezozomoc, the Tepanec ruler of Azcapotzalco.