By Jack Forehand (@practicalquant) — Because it’s easier, we’re inclined to use our recent experience as the baseline for what will happen in the future. In many situations, this bias works…
Tag: Value Stocks
Hulbert: Is the Traditional Method for Measuring Value Stocks Wrong?
In an article for The Wall Street Journal, columnist Mark Hulbert addresses what he describes as the “urgent” question of whether value investing or dead or merely suffering from an…
Quant Investor Cliff Asness Defends Factor-Based Strategies
Prompted by a lackluster performance year, AQR Capital Management founder Cliff Asness wrote a 23-page essay defending his factor-based investing strategies according to a recent Bloomberg article that features an…
How to Find Value in a Complicated Market Environment
An article in Morningstar outlines a discussion with global equity manager Peter Wilmshurst regarding how his team chooses strong value stocks within an increasingly expensive global environment. Wilmshurst says, “I…
Greenblatt Mixes Active and Passive in One Fund
An article in Barron’s profiles the evolution of the Gotham index Plus fund, which was created by Gotham Asset Management founder Joel Greenblatt in an effort to “marry the steadiness…
The Benefits of the Other Side
By Jack Forehand (@practicalquant) — Polarization has become the new thing. Everyone seems to have such strong opinions one way or the other on every issue that they just can’t see…
How Long is Long Term in Investing?
By Justin J. Carbonneau (@jjcarbonneau) — As investors, we are taught to try and think long term. The story goes something like this — invest in stocks, stay disciplined and…
Are Value Stocks Poised for Growth?
Value investing has fallen on tough times, and is “getting tiresome even for those famous for their patience,” according to a recent Barron’s article. On the face of it, value…
Some Ideas for Investing in a Low Return Environment
There is a very strong likelihood that returns for investors over the next decade will be significantly lower than what we have seen in the past ten years. With the…
Aiming for Private Equity-Like Returns Using a Small Cap Value Quant Strategy
By Justin J. Carbonneau (@jjcarbonneau) — “I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt,…