Fama and French explained again the "inconvenient truth" of investment -- the passive investment always wins over the active investment. There is no alpha in active investment in aggregate. Fama (54 mins) with Chicago Business School Dean. French (5 mins).
I am an Associate Professor of Economics at Winona State University, where I teach Macroeconomics, International Economics and Forecasting Methods. This blog will provide my observations and collection of news, information, articles, and videos on the issues of global economies, finance, and business.