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I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.

— Eugene Fama

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Eugene Fama Quote: “I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.”


Eugene Fama Quote: “I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.”

Eugene Fama Quote: “I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.”

Eugene Fama Quote: “I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.”

Eugene Fama Quote: “I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.”

Eugene Fama Quote: “I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.”

Eugene Fama Quote: “I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.”

Eugene Fama Quote: “I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.”

Eugene Fama Quote: “I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.”

Eugene Fama Quote: “I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.”

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