How do you locate the ideas today that the investment community will be discussing tomorrow?
C. Thomas Howard, an opponent of the efficient markets hypothesis, advocates for a radical departure from the idea of diversification at the core of a healthy portfolio.
The father of modern finance took on critics of efficient markets and issued stinging rebukes of “too big to fail” banks, pension plans, active management, and behavioral finance.
Professor Eugene F. Fama of the University of Chicago Booth School of… READ MORE ›