Eugene F. Fama: Economist
In an interview conducted by Professor Richard Roll, famed University of Chicago economist Eugene F. Fama discusses his life, research, and contributions to the field of finance. Produced by...
View ArticleFama Lecture: Masters of Finance
From the American Finance Association's "Masters in Finance" video series, Eugene F. Fama presents a brief history of the efficient market theory. The lecture was recorded at the University of Chicago...
View ArticleFather of Modern Finance Weighs In
EFF:Â I was interviewed on CNBC's "Squawk Box" this past Friday about the recent financial crisis and financial regulatory reform. View the video here.
View ArticleFuture of Money Management
This video, recorded at the Chicago Booth 2010 Management Conference, features Eugene Fama and David Booth providing insights into what lies ahead for active and passive money management. (View the video)
View ArticleShould Investors Fear the "New Normal"?
In this video, Kenneth French explains why lower economic growth may not hinder future stock returns. In fact, history shows that average returns tend to be higher during periods of economic...
View ArticleHedging Inflation: Do TIPS Beat T-Bills?
Rising government spending around the world has many investors considering ways to hedge potential inflation, which may include holding TIPS or rolling over short-term Treasury securities. Ken French...
View ArticlePrincipal-Guaranteed Products: Paying Others to Bear Risk
Can principal-guaranteed products help an investor better manage portfolio risk? Ken French explains that principal protection would certainly be attractive if it were free. Unfortunately for...
View ArticleDiversification by Omission
Can investors build a better portfolio by combining asset classes that have low correlations? It is possible, explains Ken French, but not in the way that most investors attempt it. Some think they can...
View ArticleHow Can Retirees Determine a Sustainable Withdrawal Rate?
Ken French says the simplest answer is found in the rate offered on a long-term Treasury Inflation Protected Security (TIPS). You can go beyond the TIPS rate if you don't plan to live forever. Retirees...
View ArticleHomemade Dividends
Should retirees limit their spending to the interest and dividends they receive? Ken French says investors should be indifferent to how they raise cash, whether through dividends and interest, or...
View ArticleHome Bias
Investors tend to overweight their equity portfolios with stocks from their home country market. Ken French says that, while home bias is still the norm, investors have significantly increased their...
View ArticleQ&A with Fama at the Fiduciary Investors Symposium
Fama speaks candidly about academic progress, smart beta, and the efficient markets hypothesis. (View the video)
View ArticleFama: American Enterprise Institute Award and Interview
EFF: I was honored to be the recipient of the American Enterprise Institute's 2014 Irving Kristol Award at their annual dinner May 6. The institute has posted a video of the dinner, which includes...
View ArticleIGM Website
EFF/KRF: The IGM (Initiative on Global Markets of the University of Chicago Booth School of Business) web site has lots of good stuff from op eds to links to serious academic papers of the business...
View ArticleThe Becker-Posner Blog
EFF/KRF: Gary Becker (University of Chicago faculty member in economics and business and a Nobel Prize winner in economics) and Richard Posner (University of Chicago Law School professor and a US...
View ArticleWorking Papers
EFF/KRF: There is often a two or three year gap between the first draft of a paper and publication in a top finance journal. Most financial economists post their working papers on SSRN.com and,...
View ArticleEconomist Podcasts
EFF/KRF: The Economist provides unusually clear and accurate analysis of economic and financial issues. You can download podcasts from The Economist on iTunes.
View ArticleHistorical Returns
KRF: If you are looking for historical returns on our three factors and many other interesting portfolios, you can find them on my web site.
View ArticlePerformance of Mutual Funds
EFF/KRF: Our new paper, Luck versus Skill in the Cross Section of Mutual Fund Alpha Estimates, takes another look at the performance of mutual funds. Bootstrap simulations produce no evidence that any...
View ArticleCliff Asness on the U.S. Healthcare Bill
EFF/KRF: For an interesting and colorful economic analysis of the proposed U.S. Healthcare Bill we recommend "Health Care Mythology" by Cliff Asness, a Chicago Booth Ph.D.
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