By Jack Forehand, CFA, CFP® (@practicalquant) — 2022 has certainly been a challenging year for markets. Although the S&P 500 is only down about 15% for the year, which is significantly less than…
Tag: Practical Quant
Three Lessons from Harley Bassman
By Jack Forehand, CFA, CFP® (@practicalquant) — Last month, I started a new series of articles I am going to write to highlight some of the episodes of our Excess Returns podcast that…
Knowing When to Change Your Investment Process
By Jack Forehand, CFA, CFP® (@practicalquant) — We all know that having a sound process is crucial to investing success. Finding something that works over the long-term and adhering to it through the…
Revisiting the Case Against Value Investing
By Jack Forehand, CFA, CFP® (@practicalquant) — I have always been a big believer in value investing. The idea of buying companies at discounted prices has always resonated with me. And the fact…
Three Lessons From Andrew Beer
By Jack Forehand, CFA, CFP® (@practicalquant) — When we started the Excess Returns podcast, our primary goal was to learn. We wanted to help listeners to the podcast learn. But we also wanted…
A Look at How a Variety of Risk Management Approaches Have Worked in 2022's Bear Market
By Jack Forehand, CFA, CFP® (@practicalquant) — For the last 40 years, managing risk for investors has been pretty easy. There have certainly been bear markets in the period, and some of them…
Looking at the Rise of Money Losing Companies
By Jack Forehand, CFA, CFP® (@practicalquant) — Two weeks ago, I wrote an article where I looked at the valuation of the median stock and how it has changed over time. When I…
Revisiting the Market Valuation in the Wake of This Year’s Decline
By Jack Forehand, CFA, CFP® (@practicalquant) — It looks like the 2022 bear market might be with us longer than many of us had hoped. A study of history would have told us…
The Essential Role of Expectations in Investing
By Jack Forehand, CFA, CFP® (@practicalquant) — To make money in the markets, one needs to be an independent thinker who bets against the consensus and is right. – Ray Dalio I am a…
The Many Different Flavors of Value
Many investors believe that all value investing strategies are similar. When it comes to getting exposure to value, they think the many value funds that are out there are mostly…
