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Tag: Featured

What Bitcoin Taught Me About Risk & Reward In Investing & Life
2 years ago
What Bitcoin Taught Me About Risk & Reward In Investing & Life

In 2015, my firm Validea hired a technology consultant who was also building a company utilizing blockchain technology. At the time, the consultant suggested, “You know, you should take a…

Why Growth Investing Is Harder Than You Think (Ep. 47)
2 years ago
Why Growth Investing Is Harder Than You Think (Ep. 47)

Growth investing has seemed easy in the past decade. Growth stocks have easily outpaced both value stocks and the market, which has led to great performance for many growth strategies.…

Interview: A Multi-Disciplinary Approach To Investing & Learning With Nir Kaissar (Ep. 46)
2 years ago
Interview: A Multi-Disciplinary Approach To Investing & Learning With Nir Kaissar (Ep. 46)

Investing in today’s world requires an ability to understand multiple disciplines. In addition to understanding markets and having the ability to put current events in a long-term context, it also…

Is Passive Investing Distorting the Market?
2 years ago
Is Passive Investing Distorting the Market?

By Jack Forehand, CFA (@practicalquant) I usually like to write articles where there is a clear conclusion at the end. I also usually like to write about topics that I…

Interview: Liquidity Cascades with Corey Hoffstein (Ep. 45)
2 years ago
Interview: Liquidity Cascades with Corey Hoffstein (Ep. 45)

It has been said that the most dangerous words in investing are “this time is different”. But sometimes a confluence of factors come together to significantly change the character of…

The Role of Expectations in Investing
2 years ago
The Role of Expectations in Investing

By Jack Forehand, CFA (@practicalquant) I am not one to go out to fancy restaurants very often. Most of the time, I tend to prefer cooking at home to eating…

Why the S&P 500 is an Active Portfolio, and Other Observations on the Stages of Active Management (Ep. 44)
2 years ago
Why the S&P 500 is an Active Portfolio, and Other Observations on the Stages of Active Management (Ep. 44)

Active management deserves all the criticism it gets. After all, over 80% of equity managers underperform their benchmarks over the long-term and active managers charge vastly higher fees compared to…

Investing’s Real Magic Formula: Compounding
2 years ago
Investing’s Real Magic Formula: Compounding

“When it comes to saving, investing, and the power of compounding, starting earlier is better – a lot better.” – Joel Greenblatt The quote is not taken from Joel Greenblatt’s…

Excess Returns, Ep. 43: The Past, Present and Future of Investing with Morningstar's John Rekenthaler
3 years ago
Excess Returns, Ep. 43: The Past, Present and Future of Investing with Morningstar's John Rekenthaler

John Rekenthaler is Vice President of Research for Morningstar, the author of the Rekenthaler Report column, and a leading expert on the mutual fund industry. John has been with Morningstar…

Six Narratives Shaping The Stock Market In 2020
3 years ago
Six Narratives Shaping The Stock Market In 2020

In this bonus episode, we we discuss a presentation Justin recently gave to Fidelity customers about some of the major narratives shaping the current market. The word “unprecedented” tends to…

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Recent Posts
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Recent Original Research
March 29, 2023
Combining Sentiment and Fundamentals: How Quant Models Uncover...
By Justin Carbonneau (@jjcarbonneau) — In my previous article, "Unlocking the Market's Mood," we explored various methods of gauging investor sentiment in stocks. In this article, we'll delve into how different investing models on Validea employ some...
March 8, 2023
The Surprising Investment Factor That Defies the Risk-Return...
By Jack Forehand, CFA, CFP® (@practicalquant) — There are some core principles that are supposed to govern investing. If I were to ask you to come up with the most important one of those principles off the top of your...
February 22, 2023
A Detailed Look at the Quality Factor
By Jack Forehand, CFA, CFP® (@practicalquant) — We all want to own great companies. We look at Warren Buffett’s success and want to own the same types of businesses he did. We love high returns on capital. We love great...
February 15, 2023
Unlocking the Market’s Mood: Tools for Measuring Stock...
By Justin Carbonneau (@jjcarbonneau) — In our recent podcast with Ray Micaletti, we talked about his relative sentiment approach to investing. Ray uses retail and institutional investor sentiment to build quantitative investment strategies. That conversation, along with...
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