Fama Credits Twist of Fate For Life Changing Economic Decisions

Eugene Francis Fama is known for his mathematical work in economics, winning a Nobel laureate in for portfolio theory and asset pricing. These are “hard number” disciplines that come from perhaps one of the most mathematically orientated economics educational institutions in the world: The University of Chicago.

It is rather odd, then, that Fama credits serendipity, a chance twist of fate, for influencing his path in life at the University of Chicago not once, but twice.

Eugene Fama initially studied romance languages at Tufts

Oddly enough, Fama, credited as one of the world’s great...