Research. Reviews. Ideas. Built for investment professionals.

Eugene Fama


The Low-Volatility Factor and Occam’s Razor

Will the low-volatility premium continue to be the best-kept secret in financial markets?

ESG Investing and the Popularity Asset Pricing Model (PAPM)

When it comes to ESG investing, we have to agree that we don’t all agree. 

Debunking the Myth of Market Efficiency

Market complexity transcends disciplines and cannot be entirely modeled out.

Top 10 Posts from 2022: Fama and French, Damodaran, the Equity Risk Premium

In a wild year for markets and investing, what EI content most resonated with readers?

Book Review: Trillions

Robin Wigglesworth has produced a book that is historical, entertaining, and thought-provoking.

Fama and French: The Five-Factor Model Revisited

How well has Fama and French's five-factor model explained returns?

A Pillar of Modern Finance Turns 50

Quick, what is 1 July 2021 the 50th anniversary of?

Navigating a China Dip

Visiting Hong Kong for the first time in two decades, Mark Harrison, CFA, sees evidence of breakneck economic transformation everywhere. But what happens when the music stops?

What Do Investment Professionals Need to Hear?

How do you locate the ideas today that the investment community will be discussing tomorrow?

Eugene Fama: Stick with Basic Factors

Have the advances in technology, computing power, and data made the markets more efficient? It’s “not clear,” according to Nobel laureate Eugene F. Fama.