"Fama-French" Model Renamed "Fama-Freedom" Model
Political Correctness Comes to Financial Economics
Mike Rosen
Issue date: 4/1/05 Section: GSB News
The chicagogsb.edu students - be they pathetic, apathetic or diabetic - had very mixed feelings. 2nd year MBA student and Phd wannabe J-Perv Ain took a very pragmatic view. "As long as they acknowledge the problems associated with using the central limit theorem on leptokurtotic distributions, they can call it whatever they want." Mindy Mowe agreed with J-Perv's comments and added, "Fama was always the cuter of the pair. Why shouldn't he get all the credit?" Perhaps the feelings of the campus were best summarized by 2nd year GSB resident genius Brian Razperckasekalkzhk, "We won on the financial model. Next we're going after French's mustard!"
One should also remember that French, though once a faculty member at Chicago (Bastion of Free-market Thinking, and Defender of Freedom - just watch Commanding Heights if you don't believe me), is now teaching an Investing class at Tuck. That's at Dartmouth, for all of you that only applied to Finance schools. We tried to reach several of their students for comment, but apparently most of them are too busy on the chairlifts and hockey practice to be bothered by some petty article mocking one of their faculty members. Of course this could just be sour grapes on our part.
We did reach one French student of French's. Unfortunately he is airborne at the time of this writing, so we can't ask his permission to use his name. His response to the writing of this article was, "Oh, you Americans think you are very funny, don't you?"
There are some willing to stick their necks out against the maddening craze of PC-ness sweeping our nation. But others just want to be contrite (and we are not just talking about the behaviorists here). Some in the divinity school, and perhaps in the GSB's very own Phd program don't believe in freedom. Esteemed academic J. Joplin spoke for them declaring, "Freedom is just another word for nothing left to lose."
One should also remember that French, though once a faculty member at Chicago (Bastion of Free-market Thinking, and Defender of Freedom - just watch Commanding Heights if you don't believe me), is now teaching an Investing class at Tuck. That's at Dartmouth, for all of you that only applied to Finance schools. We tried to reach several of their students for comment, but apparently most of them are too busy on the chairlifts and hockey practice to be bothered by some petty article mocking one of their faculty members. Of course this could just be sour grapes on our part.
We did reach one French student of French's. Unfortunately he is airborne at the time of this writing, so we can't ask his permission to use his name. His response to the writing of this article was, "Oh, you Americans think you are very funny, don't you?"
There are some willing to stick their necks out against the maddening craze of PC-ness sweeping our nation. But others just want to be contrite (and we are not just talking about the behaviorists here). Some in the divinity school, and perhaps in the GSB's very own Phd program don't believe in freedom. Esteemed academic J. Joplin spoke for them declaring, "Freedom is just another word for nothing left to lose."