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Date/Time
March 15, 2021
12:00 am


A Journey into the Contributions of Eugene Fama and the Future of Finance

Dr. Eugene Fama, Nobel Laureate in Economics in 2013, shares with us his experience in helping to build the empirical foundations of financial economics. He will talk about his major contributions to economics, including the origins of his work on market efficiency, the creation of Fama-French factors, receiving a Nobel prize and discuss the current state of the financial system and financial markets. He will also share some other gems about his personal life and his views on society. The discussion will be conducted as a Q&A with USF’s Professor Ludwig Chincarini.

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Eugene Fama is currently the Robert R. McCormick distinguished service professor of finance at the University of Chicago Booth School of business. He is a co-recipient of the 2013 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, with the motivation “for their empirical analysis of asset prices.” As a prolific author, having written two books and published more than 100 articles in academic journals, Fama is among the most cited researchers in economics. Widely recognized as the “father of modern finance”, his research is well known in both the academic and investment communities. Celebrated for his groundbreaking research on efficient markets and his model for calculating stock returns he has received many prestigious awards. Fama was the first recipient of three major prizes in finance: The Deutsche Bank Prize in Financial Economics (2005), the Morgan Stanley American Finance Association Award for Excellence in Finance (2007), and the Onassis Prize in finance (2009). Fama earned a bachelor’s degree from Tufts University in 1960, followed by an MBA and PhD from the University of Chicago Graduate School of Business (now the Booth School) in 1964. He joined the GSB faculty in 1963. Father of four and a grandfather of ten Fama stays active as an avid windsurfer and golfer, opera buff and a faded tennis player.