The Inversion Investor

The Inversion Investor

rise: famnomenon

Peter Pham's avatar
Peter Pham
Sep 08, 2025
∙ Paid

On the dollar bill, fama (prophecy, renown) is embedded in Virgil’s line Novus Ordo Seclorum — a new order of the ages. In academia, Eugene Fama built the Efficient Market Hypothesis on the same word, enshrining variance and randomness as untouchable law.

And now, Pham closes the loop: authorship collapses variance, bursts erase tails, and presence fulf…

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