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Search Results for: factor

In a High Market, Investors Should Prepare for a Downturn

September 8, 2017

…are very high that you should rebalance,” and return to a mix of assets more closely aligned with your risk profile. Sommer underscores how behavioral considerations are an important factor….

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BlackRock's Ang on Factor Investing

September 5, 2017

Andrew Ang, who runs factor investing at BlackRock, argues that factor investing remains “the language of investment excellence” despite naysaying by the likes of Vanguard’s Jack Bogle and smart-beta pioneer…

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The Best Investing Podcasts

September 1, 2017

…explanations include things people don’t necessarily want to hear, like the fact that focused factor-based strategies can underperform for periods of years, but Wes has a talent for explaining it…

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Quant Funds Showing Weaker Returns

September 1, 2017

…that “pedestrian” quant strategies or factor investing “won’t survive.” He argues that quant funds need to exploit market inefficiencies to be successful, that they’re “waiting for the sucker to come…

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Building an Investment Checklist

August 17, 2017

…you factor this notion into Berkshire’s shift, it all makes sense. Add to the mix that Berkshire’s balance sheet is cash heavy, and it only stands to reason that Buffett…

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A Practical Approach to Quant Investing

August 16, 2017

…PE ratio perform better than stocks selected using something else like Price/Sales or Price/Cash Flow? And can those factors be combined with other factors to produce better returns? Computer models…

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Research to Help Choose Between Active or Passive Investing

August 9, 2017

…investors to consider: Gross alpha expectation—the “ability to achieve successful outcomes through skill in selecting an active manager”; Cost of active management—”low cost is the most effective quantitative factor an…

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Lessons Learned from a Decade of Market Expansion

July 25, 2017

…a view.” Emotion is a powerful factor. Patterson argues how greed and fear were significant factors that led to the October 2007 peak and subsequent financial crisis. She suggests guarding…

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Bond Yields Will Probably Stay Low

July 13, 2017

…of the year. “The divergence in these expectations,” it says, “is a factor holding down bond yields by keeping the risk premium low or even negative.” Without sufficient inflation, the…

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Zweig: The Challenge of a Smaller Stock Pool

July 11, 2017

…example of factor investing, arguing that the historical performance of many factors “may have been driven largely by the tiniest companies—exactly those that have disappeared from the market in droves.”…

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