By Jack Forehand, CFA, CFP® (@practicalquant) — Factor timing has always been one of the most alluring areas of investing for me. It is very clear that all factors have periods where they…
Tag: Factor Timing
The Facts About Factor Timing
Factor timing seems so sensible on the surface. The idea of adding exposure to out of favor factors appeals to investors’ desires to buy low and sell high. But the…
Excess Returns, Ep. 24: The Pros and Cons of Factor Timing
We are all trained to buy low and sell high, and it is tempting to conclude that we can do the same thing with factors. But the research suggests that…
Factor Timing: Skepticism in Order
A Morningstar article posted last month discusses an “emerging body of research that suggests it is possible to successfully time exposure to factors like value, momentum, small size, quality and…
Factor Timing: Sin Less Than a Little
By Jack Forehand (@practicalquant) — There is perhaps no issue that is the subject of more debate in the factor investing community than factor timing. We are all trained to buy…
Asness versus Arnott: The Factor Timing Debate Continues
AQR Management founder Cliff Asness continues to argue that factor timing is “deceptively difficult,” contrary to what Rob Arnott of Research Affiliates would have you believe, says a recent article…