New Evidence Shows Graham and Dodd Were Right About Most Quant Investing Strategies

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A recent publication in the Financial Analysts Journal called Facts about Formulaic Value Investing, by U-Wen Kok, Jason Ribando and Richard Sloan demonstrates that most quantitative investing strategies used today are unlikely to generate superior investment performance even with the advent of computers and financial databases. The research states, “We found little compelling evidence that a strategy of buying US equities that seem underpriced … Read More