By Jack Forehand, CFA I have always thought I am a better discretionary investor than I am. I think I can predict where the market is headed. I think I…
Tag: quantitative investing
Winton's David Harding Offers Insights on Quant Investing
In an interview with Bloomberg earlier this year, Winton Capital Management founder and quantitative investing pioneer David Harding offered insights on the challenges faced by today’s quants, the competitive environment…
What Quant Value Models Can and Can't Do for You
By Justin Carbonneau (@jjcarbonneau) – Two weeks ago I wrote an article, Differences in Value, where I outlined the various criteria (i.e. price-to-sales, price-to-book, and enterprise value-to-EBIT) used in the…
Do Robots Offer an Edge in the Investing Arms Race?
Quantitative traders are hoping that computer-driven strategies will be able to “figure out this crazy stock market,” according to a recent article in Bloomberg. “Machine-learning takes quant investing to the…
Robots Won't Replace the Fundamental Investor
A new study by McKinsey says that traditional asset managers are using advanced analytics to build better decision-making capabilities rather than to replace human portfolio managers. This according to an…
Replicating Buffett's Wide Moat Investing Method
By Justin J. Carbonneau (@jjcarbonneau) — Warren Buffett and others have long advocated buying companies with moats around their businesses. Strong brand loyalty (Disney), economies of scale (Walmart), innovation (Google),…
Lessons from a Quantitative Investing Conference – Part Deux
By Jack Forehand (@practicalquant) Last week, I had the privilege of attending Alpha Architect’s annual Democratize Quant conference for the second time. The conference brings together leaders in the fields…
Marko Kolanovic Says Quant Investing Has Limits
An article in Bloomberg last month profiled an interview with JPMorgan Chase global head of macro quantitative and derivatives research Marko Kolanovic, who has gained a following in the investment…
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…
Lessons From Over a Decade of Managing Money Using Quant Strategies
By Jack Forehand — When we started managing money, I used to focus on what I knew. Today, after over 12 years doing it, I have learned it is best…