Compound Your Knowledge

Home/Posts/Media/Compound Your Knowledge

Compound Your Knowledge Ep 29: What’s the Story Behind EBIT/TEV?

By |2020-05-19T10:48:00-04:00May 19th, 2020|Compound Your Knowledge, Research Insights, Podcasts and Video, Media, Value Investing Research|

This week we discuss Ryan's article examining the Enterprise Multiple, EBIT/TEV, or Earnings Before Interest and Taxes (EBIT) divided by the firm's Total Enterprise Value (TEV). Article Links: What's the Story Behind EBIT/TEV [...]

How to Compute Active Share

By |2020-04-21T18:52:36-04:00April 21st, 2020|Compound Your Knowledge, Research Insights, Podcasts and Video, Media, Academic Research Insight, Tool How-To-Guides, ETF Investing|

In the short video below, I show how to compute Active Share. The accompanying excel file with the formulas can be found here. I start by computing the active share for two hypothetical funds, and [...]

Compound Your Knowledge Ep 28: Bond ETF discussion with Jon Seed

By |2020-04-13T10:24:39-04:00April 13th, 2020|Compound Your Knowledge, Research Insights, Podcasts and Video, Media, Fixed Income|

In mid-February, prior to the market craziness, Jon Seed posted an article on our site titled: “Price”, ETFs, and Bond Market Liquidity. This was a prescient article, as it highlighted some of the issues with [...]

Compound Your Knowledge Ep 27: Value, Momentum, and Low Volatility

By |2020-03-30T10:15:05-04:00March 30th, 2020|Compound Your Knowledge, Research Insights, Podcasts and Video, Media, Value Investing Research, Momentum Investing Research|

In this video, we examine two articles highlighted on our site. The first article, written by Larry Swedroe, examines the Value and Momentum performance over the past two years ( highlighting great research by the [...]

Compound Your Knowledge Ep 26: Bond Mutual Funds and ETFs

By |2020-03-26T18:42:35-04:00March 26th, 2020|Compound Your Knowledge, Research Insights, Podcasts and Video, Media, Fixed Income|

Last week, there were some pretty big dislocations between bond mutual funds and ETFs. I picked one specific example I found interesting, comparing the Vanguard high-yield muni bond mutual fund to two high-yield muni bond [...]

Compound Your Knowledge Ep 25: Big vs. Small firms, and the case against REITs

By |2020-03-16T12:13:26-04:00March 16th, 2020|Compound Your Knowledge, Research Insights, Podcasts and Video, Media|

In this week's video, we discuss two articles examining (1) the performance gap between large and small firms and (2) the case against REITs. Article Links: The Gap Between Large and Small Companies [...]

Compound Your Knowledge Ep 24: Enterprise Multiples, Asset Allocation & Factor Models

By |2020-03-09T09:17:11-04:00March 9th, 2020|Compound Your Knowledge, Research Insights, Podcasts and Video, Media|

In this week's video, we discuss two articles examining (1) why Enterprise Multiples explain stock returns and (2) Asset allocation (and factor allocation). Article Links: Why Do Enterprise Multiples Predict Expected Stock Returns?Asset [...]

Compound Your Knowledge Ep 23: Value, the ETF Rule & Free Trading

By |2020-03-02T09:44:38-05:00March 2nd, 2020|Compound Your Knowledge, Research Insights, Podcasts and Video, Media|

In this week's post, we discuss two articles examining (1) the relative underperformance of Value compared to Growth and (2) the new ETF rule and commission-free trading. Article Links: The Massive Performance Divergence [...]

Compound Your Knowledge Ep 22: 2019 Factor Performance

By |2020-02-24T13:12:15-05:00February 24th, 2020|Compound Your Knowledge, Research Insights, Factor Investing, Podcasts and Video, Media|

In this week's post, we discuss two articles examining the 2019 Factor Performance in (1) the U.S. stock market and (2) the International stock market. Article Links: Factor Investing Update: An Analysis of [...]

Compound Your Knowledge Ep 21: Christmas Special

By |2019-12-23T13:04:12-05:00December 23rd, 2019|Compound Your Knowledge, Research Insights, Podcasts and Video, Media|

In today's episode, we had Wes join the show and decided to have Wes and myself answer questions from Ryan on two research summaries we each wrote this year. One summary was original content, and [...]

Compound Your Knowledge Ep 20: Collectibles and PMI (and Factors)

By |2019-08-05T10:50:13-04:00August 5th, 2019|Compound Your Knowledge, Research Insights, Podcasts and Video, Media|

In this week's post, we discuss two articles. The first article examines the financial performance of collectibles, such as Cars, Wine, and Art. The second article examines PMI and its impact on factor performance. [...]

Compound Your Knowledge Ep 19: Value Concentration and Portfolio Protection

By |2019-07-29T07:06:07-04:00July 29th, 2019|Compound Your Knowledge, Research Insights, Podcasts and Video, Media|

In this week's post, we discuss three articles. The first article examines the effect of concentration (i.e. how many stocks does one own) within a Value portfolio. The second paper, summarized by Larry Swedroe, examines [...]

Compound Your Knowledge Ep 18: Size, Mom, Sell-Offs, & R Code

By |2019-07-19T08:59:27-04:00July 19th, 2019|Compound Your Knowledge, Research Insights, Podcasts and Video, Media|

In this week's post, we discuss four articles. The size, written by the folks at AQR, is titled "Fact, Fiction, and the Size Effect" and is a deep dive into the Size effect--I highly recommend [...]

Compound Your Knowledge Ep. 17: Stock Buyback Myths

By |2019-07-08T13:01:49-04:00July 8th, 2019|Compound Your Knowledge, Research Insights, Podcasts and Video, Media|

We hope everyone had a nice 4th of July weekend! In this week's post, we discuss one paper, titled "Buyback Derangement Syndrome." The paper was summarized on our site by Tommi, and the paper was [...]

Compound Your Knowledge Ep. 16: Trend-Following, Large-Cap Value, Active Mgmt

By |2019-07-01T10:51:35-04:00July 1st, 2019|Compound Your Knowledge, Research Insights, Podcasts and Video, Trend Following, Media, Value Investing Research|

In this week's post, we discuss three papers. The first post, written by Wes, covers a deep-dive into trend-following on equities. The second post, written by Andrew Miller, examines Large-Cap Value portfolios. The last post, [...]

Compound Your Knowledge Ep. 15: Factor Momentum, Value, & Equity Comp

By |2019-07-11T16:47:35-04:00June 11th, 2019|Compound Your Knowledge, Research Insights, Factor Investing, Podcasts and Video, Media|

In this week's post, I discuss three papers. The first paper, summarized by Tommi and written by Tarun Gupta and Bryan Kelly (AQR), examines the momentum of (L/S) factors. The second article, written by Larry [...]

Compound Your Knowledge Ep. 14: Sentiment and Bonds, Volatility, & ESG

By |2019-06-18T09:04:21-04:00June 3rd, 2019|Compound Your Knowledge, Research Insights, Factor Investing, Podcasts and Video, Media, Low Volatility Investing|

In this week's video, we examine four articles. The first article, written by Elisabetta, examines a trading strategy on bonds (duration) using news sentiment. The second article, written by Larry Swedroe, examines two papers using [...]

Compound Your Knowledge Ep. 13: Opp. Zone Investments, Hiring Losers, & Short Selling w/Insider Buying

By |2019-06-18T09:04:22-04:00May 21st, 2019|Compound Your Knowledge, Research Insights, Podcasts and Video, Media, Tax Efficient Investing|

In this week's video, we examine three articles. The first article, written by Adam Tkaczuk, covers a method to make an opportunity zone (equity) investment behave more like a bond. The second article, written by Larry [...]

Compound Your Knowledge Ep. 12: Tax-Managed Strategies & Stocks Above 10x Sales

By |2019-06-18T09:04:22-04:00May 13th, 2019|Compound Your Knowledge, Research Insights, Factor Investing, Podcasts and Video, Media|

In this week's episode, we cover two articles. The first article, summarized by Tommi, examines the performance of tax-managed factor strategies. The second article examines the performance of systematically purchasing stocks trading above 10x their [...]

Compound Your Knowledge Ep. 11: ETFs, Manager Wealth, TLH, Value

By |2019-06-18T09:04:23-04:00May 6th, 2019|Compound Your Knowledge, Research Insights, Factor Investing, Podcasts and Video, Media|

In this week's episode, we cover four articles published on our site. The first article, written by Ryan, examines the growth in assets of ETFs and Mutual Funds. The second article, summarized by Elisabetta, examines [...]