Eugene Fama is the Susan Lucci of the Nobel Prize world. He not only developed the Efficient Markets Hypothesis, which sits beneath almost every theory in finance, but he also…
mutual funds
3 Articles
Ann Logue
1 Min Read
Last week, I went to a security analystsÁ¢€â„¢ luncheon featuring John Bogle, the retired founder of the mutual fund company Vanguard Group. Bogle didnÁ¢€â„¢t have nice things to say about…
Ann Logue
3 Min Read
Financial theory starts with two key assumptions: first, that markets are efficient; second, that investors are rational. And, of course, in the real world, we all know that markets arenÁ¢€â„¢t…
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