WHAT EUGENE FAMA’S 2013 NOBEL PRIZE MEANS TO YOU

  • Financial markets seem to be more confusing than ever. A valid question is, “do they need to be?” A significant announcement was made recently, about a 2013 winner of the Nobel Prize in Economics. A University of Chicago professor, Eugene Fama, was awarded the Nobel Prize for his work regarding the ‘Efficient Markets Hypothesis’ that he began back in the 1960’s, as well as his work on “market-capitalization and ratios that compare book value to market value are highly predictive.”…

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