During his recent interview with Meb Faber, Eugene Fama explains why investing in the U.S has less risk than investing internationally. Here’s an excerpt from the interview: Fama: A global market portfolio is kind of a risky venture because the problem is that countries go to war with one another. We … Read More
Eugene Fama: There’s No Such Thing As Behavioral Finance
In his recent interview with The Market NZZ Eugene Fama discussed interest rates, inflation, oil prices, and why he’s not a believer in behavioral finance. Here’s an excerpt from the interview: Against that backdrop, what do you make of the growing discipleship of behavioral finance which focuses on the influence … Read More