The Behavior Of Stock-Market Prices: Signed By The Father Of Modern Finance, Eugene F. Fama

  • The Behavior of Stock-Market Prices (The Journal of Business: The Graduate School of Business of the University of Chicago January 1965).

The Behavior of Stock-Market Prices (The Journal of Business: The Graduate School of Business of the University of Chicago January 1965).

$4,800.00

Item Number: 57033

Chicago: The University of Chicago Press, 1965.

Original paper of the landmark work of Nobel Prize-winning economist Eugene Fama’s The Behavior of Stock Market Prices. Octavo, original wrappers bound in full morocco, gilt titles and tooling to the spine, triple gilt ruled to the front and rear panels, inner dentelles, raised bands, marbled endpapers, all edges gilt. Signed by Eugene F. Fama at his contribution of his article The Behavior of Stock Market Prices. In near fine condition. Rare.

Fama is widely recognized as the "father of modern finance" beginning with his groundbreaking Ph.D. thesis. His thesis, which concluded that stock price movements are unpredictable and follow a random walk, was published in the January, 1965 issue of the Journal of Business, entitled "The Behavior of Stock Market Prices." He was awarded the 2013 Nobel Prize in Economics.

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