By |Published On: February 28th, 2013|Categories: Value Investing Research|

Matt Zuck, a Turnkey Analyst reader and long-time investment professional, sent a wonderful speech by Dean Williams (with notes and all!).

The speech is 30+ years old, but the best ideas are timeless!

Here is a link to the speech:

Trying Too Hard

IF THIS DOESN”T TURN YOU ON, I DON’T KNOW WHAT WILL!

Alpha Highlights

Do you overvalue your contribution to the eventual results?

Williams–Trying_too_Hard Williams--Trying_too_Hard
What’s wrong with not having a forecast? A forecast implies a possession of insight, but if you have no genuine knowledge, how can you have a forecast?

Williams--Trying_too_Hard

Simple is better?

Williams--Trying_too_Hard

Just buy cheap stuff? Oh yeah!

Williams--Trying_too_Hard Williams--Trying_too_Hard

Complication implies FULL OF SH&$, on average.

Williams--Trying_too_Hard

Ben Graham–The original Quant Value

Williams--Trying_too_Hard

About the Author: Wesley Gray, PhD

Wesley Gray, PhD
After serving as a Captain in the United States Marine Corps, Dr. Gray earned an MBA and a PhD in finance from the University of Chicago where he studied under Nobel Prize Winner Eugene Fama. Next, Wes took an academic job in his wife’s hometown of Philadelphia and worked as a finance professor at Drexel University. Dr. Gray’s interest in bridging the research gap between academia and industry led him to found Alpha Architect, an asset management firm dedicated to an impact mission of empowering investors through education. He is a contributor to multiple industry publications and regularly speaks to professional investor groups across the country. Wes has published multiple academic papers and four books, including Embedded (Naval Institute Press, 2009), Quantitative Value (Wiley, 2012), DIY Financial Advisor (Wiley, 2015), and Quantitative Momentum (Wiley, 2016). Dr. Gray currently resides in Palmas Del Mar Puerto Rico with his wife and three children. He recently finished the Leadville 100 ultramarathon race and promises to make better life decisions in the future.

Important Disclosures

For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Third party information may become outdated or otherwise superseded without notice.  Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency has approved, determined the accuracy, or confirmed the adequacy of this article.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Alpha Architect, its affiliates or its employees. Our full disclosures are available here. Definitions of common statistics used in our analysis are available here (towards the bottom).

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