In his anecdote, Fama tells a tale of an experiment that took place in the faculty lounge at Stanfo…

3. Overemphasis on top-down macro-factors such as forecasts for the economy, interest rates, the Do…

Fama's theory implied that one cannot systematically outperform the market. He said he keeps his pe…

"What they've doing is issuing a lot of short-term debt - $85 billion a month - and using it to buy…

"Traditionally, managers do one of two things: they focus on picking individual securities, the ant…

Among other things, Schneider found that most large-cap mutual funds were once again underperformin…

Fama is most often thought of as the father of efficient market hypothesis, beginning with his Ph.D…

"People won't use it because basically it's very difficult to know how much you need to settle. It …

University of Chicago professors Eugene F. Fama (L) and Lars Hansen attend a news conference after …

He told Business Insider that he found a home in finance after he joined Bridgewater Associates as …

The other two 2013 laureates, Eugene Fama and Lars Peter Hansen, ostensibly won for their work in t…

Robo-advisors are automated trading/investing platforms that manage financial portfolios. They're l…

Rashid Abdalla Angela Abramian-Katz Meredith Adams Keren Adan Vikas Agrawal Mike Ahern Edward…

(ECON 252) Financial institutions are a pillar of civilized society, supporting people in their pro…

"Therefore a boom in theories of how everything's a bubble and certain to crash is evidence of a cy…

That's not to say we think [beating the market is] impossible. Take, for instance, our favorite exa…

In a piece for Institutional Investor earlier this year, Asness and John Liew described this as "a …

"There's an underlying problem that is much more profound which is that the budget of the NIH has a…

"Consider the politically charged question of whether extending unemployment benefits increases une…

"Gold tends to do well when real interest rates are either falling or negative as well as when pani…