The Most Expensive Investing Factor

By Jack Forehand, CFA (@practicalquant) —  Factor investing is a long-term pursuit. Successfully following a factor-based approach is a function of studying what works over time, implementing it in a…

The Dangers of Data

By Jack M. Forehand, CFA (@practicalquant)  —  “If you torture the data long enough, it will confess.” – Ronald Coase  “He uses statistics as a drunken man uses lamp posts—for…