I Love Quant
As if we didn't already know... Here I am at around 11,500 feet attempting to summit Mt. Shasta. Represssssssent!
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.Investing “Gangnam Style”
Investor PSY-chology Surrounding 'Gangnam Style' Kim and Jung A version of the paper can be found here. Want a summary of academic papers with alpha? Check [...]
Speaking at Philadelphia Family Office Event (October 16th)
Next Wednesday (Oct 16th) I'll be talking about behavioral finance alongside a good friend of mine at Admire Capital--Armen Karamanian, Ph.D. The speaker list includes [...]
Flexible Asset Allocation Assessment
We mentioned an interesting piece by Keller and Putten (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2193735) . Here was our original take: https://alphaarchitect.com/2013/01/03/flexible-asset-allocation/ The strategy seemed worth a second look so my [...]
Weekly Post Recap for October 5, 2013
Here are the articles we've posted for the past week on TurnkeyAnalyst.com for the week ended Saturday, October 5th 2013. Article description and associated link: How does the [...]
Weekly Economic Calendar 10/7 to 10/11
Click to enlarge
How does the Shiller P/E (“CAPE”) perform as a stock selection tool?
On the Performance of Cyclically Adjusted Valuation Measures Wesley Gray (me) and Jack Vogel A version of the paper can be found here, or http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2329948 Want a [...]
Weekly Economic Calendar 9/30 to 10/4
Upcoming economic events:
The Case for Systematic Decision-Making
?? Homo Economicus versus Homo Sapiens Dick Thaler and Cass Sustein in their NY TIMES bestseller, NUDGE, describe two people in the world: Econs and [...]
US Auto Parts (PRTS) Activist Situation–for the stock pickers in the crowd
In my former life as a stock-picker I picked up a love for activist investing. Activist investing is a lot like being a capitalist freedom fighter--everyone [...]
The Nantucket Project–Let us know if you are around
David and I will be presenting alongside our friends at BattleFin at the 2013 Nantucket Project Conference from Thursday--Sunday. What is The Nantucket Project? In [...]
Identify your Size, Value, and Momentum Benchmark
Many readers are likely familiar with Ken French's data: http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library.html I'm not sure readers know about other data sources on the web. Case in point: [...]
OTC Stock Performance Study
Asset Pricing in the Dark: The Cross Section of OTC Stocks Andrew Ang, Assaf A. Shtauber, and Paul C. Tetlock A version of the paper [...]
Weekly Post Recap for September 21st
Here are the articles we've posted for the past week on TurnkeyAnalyst.com for the week ended Saturday, September 21th 2013. Article description and associated link: Models [...]
Weekly Economic Calendar 9/23-9/27
Upcoming Economic Events: Click to Englarge
QE Forever: Short Treasuries? But what about Japan?
QE forever certainly makes me think that I should put my entire net worth (all $5 dollars in my piggy bank) into gold bars. Q: [...]
Cloud-Based Discounted-Cash-Flow Analysis Tool
Technology is the one thing in our world that never ceases to amaze me. You want to play an extremely humbling game? Make predictions about [...]
Muni Bond Mayhem? Discounts on Closed-end-funds? Oh Yeah!
Some buzz on discounted muni-bond closed-end-funds. Here is an article from the WSJ: http://online.wsj.com/article/SB10001424127887324823804579014741979844488.html Below is a list we generated... A list of discounts on [...]
Models vs. Experts #13: Let the Computer Decide who is Suicidal?
A probabilistic system for identifying suicide attempters Gustafson, D. H., Greist, J. H., etal Computers and Biomedical Research, I0, 1-7 An online version of the [...]
Weekly Post Recap for September 14th
Here are the articles we've posted for the past week on TurnkeyAnalyst.com for the week ended Saturday, September 14th 2013. Article description and associated link: Super Bowl Market [...]