By Jack M. Forehand (@practicalquant) — Factor investing requires a lot of patience. Despite the fact that research shows that many factors can produce outperformance over long periods of time,…
Tag: Practical Quant
The Biggest Failure of the Investment Management Industry
By Jack M. Forehand (@practicalquant) — The investment management business has improved dramatically in the past twenty years. The days of brokers selling high priced products to unsuspecting consumers that…
Some Thoughts On Improving the Predictive Value of Morningstar's Ratings
By Jack M. Forehand (@practicalquant) — The Wall Street Journal article last week that called into question the predictive value of Morningstar star ratings has caused a lot of debate…
Are We Partying Like its 1999?
By Jack M. Forehand (@practicalquant) — One of the most common comparisons I hear for the current state of the stock market is the bubble of the late 90s. With…
Shift to Passive Investing May Not Influence Stocks Like Some Think
By Jack M. Forehand — The massive move investors have made to passive vehicles over the past few years has been truly astounding. With most active managers underperforming their benchmarks…