About Eugene Fama:
Eugene Francis is an American economist and Nobel laureate in Economics, known for his work on portfolio theory, asset pricing and stock market behaviour, both theoretical and empirical.
After costs, only the top 3% of managers produce a return that indicates they have sufficient skill to just cover their costs, which means that going forward, and despite extraordinary past returns, even the top performers are expected to be only as ...Eugene Fama
State constitutions typically provide that the state first has to service its debt, then make it pension payments, and then pay for services. What we don't know is whether that order will be enforced. And ultimately, the busted state is going to be l...Eugene Fama