Richard Thaler: Misbehaving His Way to a Nobel Prize!
By Wesley Gray, PhD|November 17th, 2017|Book Reviews|
Unless you live under a rock, you've probably heard that [...]
Monetary Momentum
By Jack Vogel, PhD|November 16th, 2017|Research Insights, Academic Research Insight, Momentum Investing Research|
On most mainstream finance websites, a good chunk of the [...]
Academic Research Insight: How to Balance Short and Long term Goals in Asset Allocation
By Wesley Gray, PhD|November 13th, 2017|Basilico and Johnsen, Academic Research Insight|
Strategic Asset Allocation-Combining Science and Judgment to Balance Short Term [...]
Factor Investors Beware: Positive SMB May Not Mean You Own Small-Caps
By Jack Vogel, PhD|November 10th, 2017|Research Insights, Factor Investing, Size Investing Research|
Regression analysis is used all the time to assess how [...]
Welcoming Ryan Kirlin, an ETF Expert, to the Alpha Architect Team
By Wesley Gray, PhD|November 9th, 2017|Business Updates|
We wanted to formally welcome the newest addition to the Alpha [...]
Do Trend-following Managed Futures Increase Safe Withdrawal Rates?
By Wesley Gray, PhD|November 8th, 2017|Research Insights, Trend Following, Managed Futures Research|
Andrew Miller, a regulator contributor to the blog, is passionate [...]
How to Build an Investment Advisor Cybersecurity Program
By Pat Cleary|November 7th, 2017|Cyber Security Programs, Investment Advisor Education|
As a proud alumnus of the Marine Corps (OMB Breach), [...]
Academic Research Insight: Being Surprised by the Unsurprising: Earnings Seasonality and Stock Returns
By Tommi Johnsen, PhD|November 6th, 2017|Research Insights, Basilico and Johnsen|
Are we misidentifying seasonal patterns as genuine earnings news? Tom [...]
What Will We Talk About at the Evidence-Based Investing Conference This Year?
By Wesley Gray, PhD|November 1st, 2017|Business Updates|
Jack and I will be attending the Evidence-Based Investing Conference [...]
Do Portfolio Factors or Characteristics Drive Expected Returns?
By Jack Vogel, PhD|October 31st, 2017|Factor Investing, Research Insights, Key Research, Value Investing Research|
This article examines a somewhat overlooked, but important, discussion that raged among academic researchers on the source of the value investing premium in the late 1990s and early 2000s—the topic: factors vs characteristics.