Only showing the latest backtest versions without disclosing their out-of-sample degradation
Backtesting today’s static holdings (managers, asset allocations, sub-asset-classes) into the past - filled with look-ahead bias
Can quantitative and fundamental approaches be successfully combined?
In my estimate, this has been a top 5 industry question for a long time, including this conference at which I’ll be speaking at tomorrow
The short answer is: Yes
Alternative Title: The Gap Everywhere
There exist many flavors of market timing.
Some are obvious:
Factor investing has been democratized. Having spent over 15 years as an institutional portfolio manager in factor-based strategies, I am amazed at the adoption rate of these approaches. I am now often asked by investors interested in factors for free web-tools to learn and experiment with factor-based technologies, and here are some of the best free sites that I recommend for factor investing: