Investing factors that work over time typically do so for one of two reasons: they either produce an excess return by taking on additional risk or they benefit from the…
Search Results for: investing greats
Small-Cap Value Gets an Apology
A recent article in Verdad Research defends small-cap value investing by arguing that “though the past few years have been painful for small-value investors, this is perhaps a once-in-a-century buying…
The Balance Between What Is and What Should Be
…is the one supported by the facts. It’s also great when logic and reason win out in the end. When I came into the world of investing, I brought…
Excess Returns, Ep. 26: Interview: Systematic Value Investing with Wes Gray
Wes Gray is the founder of Alpha Architect, the author of Quantitative Value and Quantitative Momentum, and an expert in systematic investing. In this interview, we discuss: The recent struggles…
Hedge Fund Holdings Not Great Investing Tool Right Now
Investors who typically take cues from leading investment managers might want to think twice, according to a recent Barron’s article that notes, “with the extreme market volatility of the last…
Value Managers are Fighting Back
After suffering the worst ever quarter in early 2020, the value investing strategy is being questioned by asset managers who are “getting vocal about the strategy’s longer-term prospects.” This according…
What Tom Petty’s Greatest Hits Can Teach You About Investing
…of value investing, Ben Graham, threw in the towel on active value stock picking late in his career. When certain styles of investing go out of a favor, “the waiting”…
Excess Returns, Ep. 25: An In Depth Look at Momentum Investing
…depth look at momentum investing. We discuss: The different types of momentum and ways to measure momentum. Some of the drawbacks and risk of momentum investing. We also talk about…
Why Stocks Owned by Passive Funds Did Worse in Selloff
…agree, however, that when sector returns diverge as much as they did during the recent selloff, it’s worth taking a hard look at sector-based investing. Ultimately, the article concludes, Zhu’s…
The Case For Value Stocks
By Jack Forehand, CFA One of the biggest lessons I have learned in my investing career is the importance of being able to argue the other side of something I…