Are Growth Stocks Cheap?
Are Growth Stocks Cheap?

By Jack Forehand, CFA, CFP® (@practicalquant) — As a value investor, I have a weakness that I have struggled with my whole career: I really like buying things when they go down a…

Beware the Back Test
Beware the Back Test

By Jack Forehand, CFA, CFP® (@practicalquant) — Active investment managers have a pretty dismal long-term record. Depending on which study you look at somewhere between 80% and 90% of managers underperform their benchmarks…

The Three Levels of Conviction
The Three Levels of Conviction

By Jack Forehand, CFA, CFP® (@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…