An article on the WisdomTree blog reports that the decade ending September 2018 was the “single worst decade in history” for price-book as a factor-sort of the market and asks,…
Tag: Factors
The O'Shaughnessy Approach: Guarding Against Narrative-Loving Humans
An article in CityWire profiles the father-and-son investing duo of Jim and Patrick O’Shaughnessy, chief investment officer and chief executive respectively at quantitative money management firm O’Shaughnessy Asset Management. Jim…
Alignment of Investing Styles Not Necessarily Bad Omen
An article by Bloomberg columnist Nir Kaissar argues that the occasional correlation of investment styles or factors—citing value and momentum as examples—isn’t a good predictor of a downturn. The article…
Swedroe on Factors in Emerging Market Stocks
In a recent article for ETF.com, BAM Alliance director of research Larry Swedroe outlines findings of an August 2018 study on factor-based investing titled, “The Cross-Section of Equity Returns in…
Considerations in Momentum Investing
By Justin J. Carbonneau (@jjcarbonneau) — About a week ago CNBC had a piece that broke down how much the largest, best performing stocks have contributed to the overall market’s…
Research Affiliates Says Spread Factor Bets
At the 30th annual Morningstar Investor Conference held last month, passive strategist Adam McCullough interviewed Feifei Lee, director and global head of Research Affiliates Investment Management Group about her firm’s…
Factor Performance in First Quarter
A recent article in Advisor Perspectives provides an overview of the performance of various factors in the first quarter of 2018. Noting several developments that led to increased market volatility…
The Most Expensive Investing Factor
By Jack Forehand, CFA (@practicalquant) — Factor investing is a long-term pursuit. Successfully following a factor-based approach is a function of studying what works over time, implementing it in a…
BlackRock's Ang Favors Momentum
In a recent interview with Barron’s, BlackRock’s head of factor investing Andrew Ang said he favors momentum stocks. Here are some highlights from the interview: While Ang does not believe…
The Most Hated (And Most Loved) Investing Factor
By Jack M. Forehand (@practicalquant) — Factor investing requires a lot of patience. Despite the fact that research shows that many factors can produce outperformance over long periods of time,…