We are thrilled to share the news that, this week, Eugene Fama of the University of Chicago, the "father of modern finance," was awarded the Nobel Prize in Economic Sciences. Professor Fama was honored along with fellow professors Lars Peter Hansen and Robert Shiller for their "empirical analysis of asset prices." Among America's most prolific and cited researchers, he focuses much of his study on market prices.
In August, we had the pleasure of meeting Professor Fama at a seminar in Santa Monica, California. It is rewarding to see such a high level of recognition given to Professor Fama. His contributions have served as a bedrock for our investment philosophy and have shaped how we help our clients achieve their most important goals. All of us at Hausman Advisors congratulate Professor Fama on this great honor.
To read more, visit nobelprize.org.