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1、MyLifeinFinance-Fama/FrenchForumFama/FrenchIdeasandobservationsfromFamaandFrench.ForumMAR4,2010ABOUTFAMAANDFRENCHMyLifeinFinanceEugeneF.FamaTheRobertR.McCormickEssaysDistinguishedServiceProfessorofFinanceattheUniversityofByEugeneF.FamaChicagoBoothSchoolofBusinessForew
2、ordKennethR.FrenchTheCarlE.andCatherineM.HeidtIwasinvitedbytheeditorstocontributeaprofessionalautobiographyfortheProfessorofFinanceAnnualReviewofFinancialEconomics.IfocusonwhatIthinkismybeststuff.attheTuckSchoolofBusinessatDartmouthReadersinterestedintherestcandownloa
3、dmyvitafromthewebsiteoftheCollegeUniversityofChicago,BoothSchoolofBusiness.Ionlybrieflydiscussideasandtheirorigins,togivetheflavorofcontextandmotivation.IdonotattempttoSECTIONSreviewthecontributionsofothers,whichislikelytoraisefeathers.Meaculpainadvance.Questions&Answ
4、ersFinanceisthemostsuccessfulbranchofeconomicsintermsoftheoryandempiricalwork,theinterplaybetweenthetwo,andthepenetrationoffinancialEssaysresearchintootherareasofeconomicsandreal-worldapplications.Ihavebeendoingresearchinfinancealmostsinceitsstart,whenMarkowitz(1952,1
5、959)andModiglianiandMiller(1958)setthefieldonthepathtobecomeaseriousscientificInterestingLinksdiscipline.Ithasbeenfuntoseeitall,tocontribute,andtobeafriendandcolleaguetothegiantswhocreatedthefield.VideosOriginsCATEGORIESMygrandparentsemigratedtotheU.S.fromSicilyinthee
6、arly1900s,soIamaFinancialMarkets(18)thirdgenerationItalian-American.Iwasthefirstinthelineagetogotouniversity.MarketEfficiency(14)Mypassioninhighschoolwassports.Iplayedbasketball(poorly),rantrackEconomicPolicy(12)(secondinthestatemeetinthehighjump—notbadfora5'8"kid),pl
7、ayedInvestments(33)football(classBstatechampions),andbaseball(statesemi-finalstwoyears).Iclaimtobetheinventorofthesplitendpositioninfootball,aninnovationSEARCHpromptedbythebeatingsItooktryingtoblockmuchbiggerdefensivetackles.Iaminmyhighschool's(MaldenCatholic)athletic
8、halloffame.Enterawordorphrasetosearchfor.IwentontoTuftsUniversityin1956,intendingtobecomeahighschoolteacherandsportscoach.At