They even managed to quote me as saying the following:
Wesley Gray, PhD, a managing member of Empiritrage LLC in Broomall, Pennsylvania, follows a fully automated approach to “systematic value” investment selection and trading. He admits that many investors initially find it hard to believe in a purely systematic approach. “It’s very, very counterintuitive that a simple model can beat an expert because that doesn’t make any sense,” he says. Overcoming that reaction requires education and an emphasis on what Gray calls empirical-based investing versus story-based investing.
We are plowing through the evidence that simple models can beat experts. We’ve got 25 posts thus far, but by the time we’re said and done with this topic we hope to be hitting the 100+ range.
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