Eugene F. Fama is Robert R. McCormick Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. His efficient markets hypothesis, drawn from his 1970 Journal of Finance paper, “Efficient Capital Markets: A Review of Theory and Empirical Work,” has gained widespread acclaim and application in the finance industry. Professor Fama has published nearly 100 academic research papers on finance and has written two popular textbooks, The Theory of Finance and Foundations of Finance. He was the recipient of the inaugural Onassis Prize in finance, the inaugural Morgan Stanley–American Finance Association Award for Excellence in Finance, and the CFA Institute Nicholas Molodovsky Award. Professor Fama holds a BA from Tufts University and an MBA and a PhD from the University of Chicago Booth School of Business.
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