Professor Eugene Fama is famous for his work on the Efficient Market Hypothesis. His work in the 1990s with Kenneth French provides the core of the three factor model approach we use when structuring Australian and international share allocations for clients.
Professor Fama was interviewed last Friday on CNBC's "Squawk Box" where he provided his insights into whether the efficient market hypothesis is dead and the financial regulatory reform which is occurring across the globe. Following is the video taken from that interview. Well worth watching.