Eugene Fama, creator of the efficient market hypothesis and one of the godfathers of Utopian market theory is on the defensive in an interview with John Cassidy of the New Yorker. Fama claims that the ...

STOCKHOLM (Reuters) - American economist Eugene Fama, considered the father of the efficient market theory, is the favorite to win this year's Nobel economics prize, due to be announced on Monday. In ...

The efficient market hypothesis states that share prices reflect all relevant information, and that it is impossible to beat the market or achieve above-average returns on a sustainable basis. There ...

From a 2007 Minneapolis Fed interview with Eugene Fama (who just won the 2013 Nobel Prize in Economics, see his Wikipedia entry here with Robert Shiller and Lars Hansen): Few economists have had ...

The Efficient Market Hypothesis (EMH) has retreated from bold claims of efficiency to a weaker defense that abandons its original claims. The "nihilist defense" simply asserts most active managers ...

Eugene Fama, the Robert R. McCormick Distinguished Service Professor of Finance at the University of Chicago Graduate School of Business and founder of the efficient market hypothesis, is the ...

The efficient market hypothesis argues that current stock prices reflect all existing available information, making them fairly valued as they are presently. Given these assumptions, outperforming the ...