3 ms·
Because "now has his doubts" adds a temporal change that's incorrect. There is nothing in the article that says he's "now" had a suddent shift. He has formed no
by yzydserd 2y ago
Because "now has his doubts" adds a temporal change that's incorrect. There is nothing in the article that says he's "now" had a suddent shift. He has formed no new "doubts".
Fama has always made the distinction that it's a hypothesis, not reality.
e.g. 'I start my class every year by saying, “These are models. And the reason we call them models is that they’re not 100 percent true. If they were, we would call them reality, not models'. https://www.minneapolisfed.org/article/2007/interview-with-eugene-fama https://www.minneapolisfed.org/article/2007/interview-with-e...
So I agree with the GP, "I don’t know why Eugene Fama saying this in 2024 is considered news."
- dredmorbius 2y agoThe context of the headline is a current interview with Fama, and the fact that the conversation focuses largely on EMH. Which makes litigating of the title tedious, and failing to fullfil HN's objective of satisfying intellectual curiosity. Dang explains this (in a somewhat different context, but otherwise relevantly) here: <https://news.ycombinator.com/item?id=39237551 https://news.ycombinator.com/item?id=39237551>