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The Fama Portfolio: Selected Papers of Eugene F. Fama,Used
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Few scholars have been as influential in finance and economics as University of Chicago professor Eugene F. Fama. Over the course of a brilliant and productive career, Fama has published more than one hundred papers, filled with diverse, highly innovative contributions.Published soon after the fiftieth anniversary of Famas appointment to the University of Chicago and his receipt of the Nobel Prize in Economics, The Fama Portfolio offers an authoritative compilation of Famas central papers. Many are classics, including his nowfamous essay on efficient capital markets. Others, though less famous, are even better statements of the central ideas. Famas research considers key questions in finance, both as an academic field and an industry: How is information reflected in asset prices? What is the nature of risk that scares people away from larger returns? Does lots of buying and selling by active managers produce value for their clients? The Fama Portfolio provides for the first time a comprehensive collection of his work and includes introductions and commentary by the books editors, John H. Cochrane and Tobias Moskowitz, as well as by Famas colleagues, themselves top scholars and successful practitioners in finance. These essays emphasize how the ideas presented in Famas papers have influenced later thinking in financial economics, often for decades.
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