Podcast: Momentum Investing Part 1/2 (Wes)
Here is a link to our podcast on The Investors Podcast Although Preston and Stig are hardcore value investors, sometimes it’s important for individuals to [...]
About 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.Podcast: Investing in ETFs (Wes)
Here is a link to our podcast on The Investors Podcast This article provides an overview of Preston and Stig’s interview with Wesley Gray, an [...]
Podcast: Interview with Michael Covel on Trend Following (Wes)
Here is a link to our podcast on the Michael Covel Trend Following Podcast Michael and Wesley Gray cover wide territory today across the subject [...]
Treasury Bills Outperform Most Stocks — Say What???
Each morning we peruse a variety of research sites to see if there is anything exciting, new, and intriguing. Rarely does one find something that [...]
See you at the ETF Conference!
Myself, Jack Vogel, and Yang Xu are at the ETF conference the next few days. See below for mugshots. Give us a shout if you are [...]
A Tactical Asset Allocation Researcher You Should Know
I'm a huge fan of hard-core academics that produce incredible research, and yet, very few are familiar with their research. I call these folks, "undiscovered gems." [...]
Book Review — Loaded: Money, Psychology, and How to Get Ahead…
A few months ago I had the pleasure of hearing Sarah Newcomb speak at a recent Morningstar ETF conference. She was extraordinary. Although I only [...]
The Momentum Investing Texas Tour with Gary Antonacci and Jack Vogel
Next week we'll be touring the great state of Texas. Me, Gary Antonacci, and Jack Vogel, will be traveling between Houston, Austin, and Dallas. Gary [...]
The January Effect: An Evidence-Based Perspective
January is here again and market commentators are already telling stories about the so-called January Effect. Some articles (examples here and here) are saying the [...]
Podcast: Quantitative Value Investing (Wes)
Here is a link to our podcast on The Investors Podcast This article provides an overview of Preston and Stig’s interview with Wesley Gray, an [...]
Factor ETF Due Diligence: A New Challenge for Some Investors
Factor investing seems to be everywhere, but the topic is still misunderstood by large swaths of the investing public. Tommi Johnsen and I would like [...]
Using Trend-Following Rules to Enhance Factor Performance
After reviewing the 2016 performance of trend-following (-18.15%), its unclear why anyone would mention the word "trend following" in a public forum. But we'll give it [...]
Are you Ready to Witness Finance Research on Steroids?
Have you ever dreamed of meeting Ben Bernanke face-to-face? Would you love the chance to bump into Larry Summers in the hallway? Or better yet, [...]
Time Series Momentum, Volatility Scaling, and Crisis Alpha
If you couldn't tell from our recent monster commodity futures post, we've been thinking a lot about futures recently. The futures research area is relatively "fresh," and [...]
Commodity Futures Investing: Complex and Unique
Commodity futures investing is arguably the most misunderstood asset class in the financial marketplace. We want to change that state of affairs. Commodity futures strategies are [...]
An Interview with a Leading Academic Expert on ETFs
We spend a lot of our time thinking and learning about ETFs, since they are a critical new investor weapon in the war for after-tax [...]
A really cool paper (and graphic) on ETFs
Zahi Ben-David has an excellent new summary paper on the state of academic research on exchange traded funds with colleagues Rabih Moussawi and Francesco Fanzoni.[ref]We focused on Zahi [...]
DIY Asset Allocation Weights: December 2016
Do-It-Yourself tactical asset allocation weights are posted. Create a free account here if you want to access the site directly. Sign in here if you already have a [...]
Doug Pugliese, our 1042 ESOP QRP Expert, is on Deck!
We wanted to formally welcome the newest addition to the Alpha Architect team, Doug Pugliese, who joins us as Director of Portfolio Services and heads up [...]
Active Fee Over Time: Retail and Institutional Trends Over Time
We've been focused on understanding how to communicate the concept of active fee to the broader investment community. Active fee is an important concept because it [...]