與FT共進午餐

Economist Eugene Fama: ‘Efficient markets is a hypothesis. It’s not reality’
經濟學家尤金•法瑪:「有效市場是一種假設,而不是現實」

The giant of modern finance on the wisdom of crowds and locking horns with the investment industry
諾貝兒經濟學獎得主、現代金融學的泰斗談論了羣衆智慧和與投資行業的對決。

Snagging a lunch date with the financial economist Eugene Fama proved almost as hard as beating the stock market. My first attempt in 2021 foundered because of long-lasting Covid-19 lockdowns. A suggestion that we instead do it by video was forcefully shot down. “On Zoom, watching people eat and talk comes across as gross,” Fama emails. It’s hard to disagree. 

與金融經濟學家尤金•法瑪(Eugene Fama)約定午餐日期幾乎和擊敗股市一樣困難。我在2021年的第一次嘗試因爲長時間的新冠封鎖而失敗。建議通過影片進行午餐被堅決拒絕。「在Zoom上,看著人們喫飯和交談太沒品了,」法瑪通過電子郵件寫道。對這個說法,很難有異議。

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