When Fundamentals Don’t Matter
When Fundamentals Don’t Matter

By Jack Forehand (@PracticalQuant) Valuing companies can be a challenging process. While it is commonly accepted that the value of a company is the present value of its future cash…

Is the Price/Book Ratio Dead?
Is the Price/Book Ratio Dead?

By Jack Forehand, CFA The Price/Book has probably been the most important valuation ratio of the past century. If you look at the academic research that supports value investing, you won’t…

The Human vs. The Quant
The Human vs. The Quant

By Jack Forehand, CFA I have always thought I am a better discretionary investor than I am. I think I can predict where the market is headed. I think I…