Eugene Francis "Gene" Fama is an American economist, best known for his empirical work on portfolio theory, asset pricing, and the efficient-market hypothesis.
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10 Facts About Eugene Fama
2.
Eugene Fama is currently Robert R McCormick Distinguished Service Professor of Finance at the University of Chicago Booth School of Business.
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3.
Eugene Fama is regarded as "the father of modern finance", as his works built the foundation of financial economics and have been cited widely.
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4.
Eugene Fama was born in Boston, Massachusetts, the son of Angelina and Francis Eugene Fama.
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5.
Eugene Fama is a Malden Catholic High School Athletic Hall of Fame honoree.
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6.
Eugene Fama's doctoral supervisors were Nobel prize winner Merton Miller and Harry Roberts, but Benoit Mandelbrot was an important influence.
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7.
Eugene Fama has spent the entirety of his teaching career at the University of Chicago.
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8.
Eugene Fama is most often thought of as the father of the efficient-market hypothesis, beginning with his PhD thesis.
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9.
Market efficiency denotes how information is factored in price, Eugene Fama emphasizes that the hypothesis of market efficiency must be tested in the context of expected returns.
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10.
In recent years, Eugene Fama has become controversial again, for a series of papers, co-written with Kenneth French, that challenge the validity of the Capital Asset Pricing Model, which posits that a stock's beta alone should explain its average return.
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