Few economists have had a greater influence on how we think about the markets and how we structure client portfolios than Gene Fama. We’ve written about Fama and his work before, first to congratulate him on receiving the Nobel Prize in Economics in November of…
As you may recall, we wrote last November about University of Chicago economist Gene Fama receiving the Nobel Prize in Economic Sciences for his work on the “empirical analysis of asset prices,” which is another way of saying “for the scientific exploration of what determines stock prices…
We’ve spent the past two decades discussing with our clients the insights we’ve gained from studying the work of Eugene Fama, University of Chicago professor and one of the fathers of Modern Portfolio Theory. Over that time, we frequently found ourselves referring to him as a “future…