Fama Credits Twist of Fate For Life Changing Economic Decisions

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Mark Melin
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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 economic minds, initially studied romance languages…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.