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Monday, October 21, 2013

Congratulations Prof. Fama!

Last week, Professor Gene Fama was finally awarded the Nobel Prize in Economics.  Professor Fama is an important influence to my own evolution as an Investment Advisor, as well as an important influence to Dimensional Fund Advisors.  Here's a great video of Professor Fama explaining his work:




And here is a link to a Wall Street Journal article which discusses the importance of this year's Nobel Laureates in Economics:

A Nobel for the Random Walk of Stock Prices