Index Fund ‘Intellectual Father’ Eugene Fama Nets Nobel Prize (Fortune)

Hailed as “the intellectual father of today’s index fund industry,” Eugene Fama, named a 2013 Nobel laureate in economic sciences, is profiled inĀ Fortune magazine. It was Fama who coined the phrase “efficient markets” in a 1965 paper, after joining the University of Chicago’s business faculty. Read the Fortune piece, “What Can You Learn From Mr. Efficient Markets Now?” Fama is the first of three laureates featured in this video, “Lectures: 2013 Prize in Economic Sciences,” in which he delivers the talk, “Two Pillars of Asset Pricing.”

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