2013 | OriginalPaper | Buchkapitel
Life and Legacy
verfasst von : Colin Read
Erschienen in: The Efficient Market Hypothesists
Verlag: Palgrave Macmillan UK
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Eugene Fama formulated the most compact and profound statement in modern finance. Many academics have adopted his notion of the efficient market as an act of faith that has defined entire scholarly careers. Still others created careers around its refutation. Regardless of this controversy, Fama is considered an elder statesman of modern finance and is the name most strongly associated with finance’s most powerful and controversial paradigm.