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Gene Fama awarded the Nobel Prize in Economics

By: Investor Solutions

Gene Fama, whos work has been a guiding principle for our investment philosophy, and from whom we have all benefited was awarded the Nobel Prize in Economics along with Lars Peter Hansen and Robert Shiller.

Fama’s work on efficient markets, the Fama-French Three Factor Model, and more recently his work on profitability have contributed immensely to our understanding of how markets work and how we can use markets to benefit investors. Fama, often considered the father of modern finance, is Robert R. McCormick Distinguished Service Professor of Finance at the University of Chicago, and a director of Dimensional Funds. His hundreds of papers are cited more than any other financial economist. To learn more click here.