By Jack Forehand (@practicalquant) — Since I was twelve years old, I have been very active in competitive sailboat racing. It is a great respite from the world of managing quantitative…
Tag: Practical Quant
The Benefits of the Other Side
By Jack Forehand (@practicalquant) — Polarization has become the new thing. Everyone seems to have such strong opinions one way or the other on every issue that they just can’t see…
The Dangers of Headline Investing
By Jack Forehand (@practicalquant) — It was November 2016. After improbably winning the Republican nomination, Donald Trump was a significant underdog in the general election. Almost every pundit gave him very…
Knowing When Your Investment Process Has Failed
By Jack Forehand (@practicalquant) — It is widely accepted in investing that process is more important than outcome. Investing strategies that have no long-term basis can work very well in the…
The Double Edged Sword of Avoiding Value Traps
By Jack Forehand (@practicalquant) — Value investing is full of pitfalls. It is easy to think that as a value investor all you need to do is buy cheap stocks and…
If You Take Risk, Get Compensated for It
By Jack Forehand (@practicalquant) — Investing can seem incredibly complex at times. With the rise of complicated computer-based strategies, more and more factors being discovered every day, and even more advanced…
I Think, I Know, I Have No Idea
By Jack Forehand (@practicalquant) — There are some areas of life where you can never have all the answers – no matter how much you know, how smart you are, or…
The Losing Battle to Consistently Beat the Market
By Jack Forehand (@practicalquant) — It is commonly accepted the beating the stock market over the long-term is really difficult. Over the past 15 years, about 70% of large-cap managers have…
Some Thoughts on Howard Marks’ Most Recent Memo
By Jack Forehand (@practicalquant) — Howard Marks’ memos provide some of the deepest and most thought provoking insights in the investing world today. They are on par with Warren Buffett’s annual…
Common Mistakes in Factor Investing
By Jack Forehand (@practicalquant) — With the release of Michael Batnick’s new book “Big Mistakes: The Best Investors and Their Worst Investments” last week, the topic of mistakes in investing has…