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Prof. Eugene Fama (EP.200)

The Rational Reminder Podcast

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Do You Think Anything Useful Has Come Out of the Behavior of Finance?

Did you foresee this at all back then? Well, for in my view, tat all. Took too long. That the evidence was there in the early sixties that this was the way to go. It took a long time before they had a big impect when ken french did his presidential address,. The world had gone from zero % passive to adegos and now it's up to 50%. So i don't now to me, that seems so. Do you think anything useful, for lack of a better word, has come out of behavior a finance? I do so. What we call behavior al finance announced basically looking at the world as if behavior is irrational.

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