https://acquirersmultiple.com/2020/08/ep-78-the-acquirers-podcast-mikhail-samonov-two-centuries-value-backtest-to-1825-excess-returns-and-drawdowns-from-two-centuries-of-value/
(Ep.78) The Acquirers Podcast: Mikhail Samonov - Two Centuries, Value Backtest To 1825, Excess Returns And Drawdowns From Two Centuries Of Value