I was pleased to read earlier today that Eugene Fama et al received the Nobel Prize for Economics. Given that Fama's work form the foundation of modern corporate finance and corporate finance research, this is a great result! My favourite papers must be on the topic of random walks and efficient market hypothesis from the 60s and 70s. The Nobel award however are recognising their work on market price movements.
In other news, I'm currently reading 'Superfreakonomics' - the sequel to 'Freakonomics'- which is as mad as the title suggests. It is worthy of an analysis in a future post!
No comments:
Post a Comment