Fortune Magazine asks: “What can you learn from Mr. Efficient Markets now?”

We are thrilled that Gene Fama was awarded the 2013 Nobel Prize in Economic Sciences. Professor Fama’s work remains a foundation of our approach, and his groundbreaking work inspired the founding of Dimensional Fund Advisors, one of our strategic partners. Professor Fama currently serves as a director and consultant for DFA.

This article’s outstanding profile of Gene’s background, hobbies and life’s work is well worth your time.

We read in a recent InvestmentNews article that Dimensional Fund Advisors (DFA) is now the 8th largest mutual fund company. As they continue to grow, we’re encouraged to see that more investors are finally catching on to the idea that markets work and investing can be simple rather than complex.

Unlike most mutual fund companies, DFA has not used expensive public advertising campaigns to reach new investors. Their shareholders benefit from low-cost access to the markets that is limited through advisors only—sheltering DFA funds from the effect of rapid inflows and outflows that typical retail funds experience.

We are thrilled to share the news that, this week, Eugene Fama, the “father of modern finance,” was awarded the Nobel Prize in Economic Sciences. Professor Fama was honored along with fellow professors Lars Peter Hansen and Robert Shiller for their “empirical analysis of asset prices.” Among America’s most prolific and cited researchers, he focuses much of his study on market prices.

It is rewarding to see such a high level of recognition given to Professor Fama. His contributions have served as a bedrock for our investment philosophy and have shaped how we help our clients achieve their most important goals. All of us at Hill Investment Group congratulate Professor Fama on this great honor.

To read more, visit nobelprize.org.