Eugene Fama on 60 Years of Finance Research, Index Funds, and Market Efficiency episode artwork

EPISODE · Mar 12, 2026 · 48 MIN

Eugene Fama on 60 Years of Finance Research, Index Funds, and Market Efficiency

from The Pie: An Economics Podcast · host Becker Friedman Institute at UChicago

If you have money in an index fund, you are benefiting from Eugene Fama's work. In this Extra Slice of The Pie, the Nobel laureate and "father of modern finance" reflects on a career that reshaped how trillions of dollars are invested, including his development of the Efficient Market Hypothesis, which provides the theoretical foundation for passive investing.

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Eugene Fama on 60 Years of Finance Research, Index Funds, and Market Efficiency

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