In this episode, we are going to try something a little different. Our goal at Validea is to capture quantitative strategies that work over the long-term. To do that, we…
Tag: Excess Returns Podcast
Excess Returns, Ep. 30: The Pros and Cons of Quantitative and Discretionary Investing
We all have a tendency to believe that the way we invest is the best way. As quantitative investors, we can sometimes feel that there is no reason anyone should…
Excess Returns, Ep. 29: Timeless Investing and Life Lessons with Jim O'Shaughnessy
In this week’s episode we are privileged to be joined by Jim O’Shaughnessy. Jim is a pioneer in quantitative investing and the founder of O’Shaughnessy Asset Management. He is also…
Excess Returns, Ep. 28: The Danger of Focusing on What Should Be and Missing What Is
We all have our beliefs about the way that things should work in investing. When the market gets overvalued, we think it should go down. When value stocks struggle for…
Excess Returns, Ep. 27: Quality and Low Volatility: The Factors That Shouldn't Work
Investing factors that work over time typically do so for one of two reasons: they either produce an excess return by taking on additional risk or they benefit from the…
Excess Returns, Ep. 26: Interview: Systematic Value Investing with Wes Gray
Wes Gray is the founder of Alpha Architect, the author of Quantitative Value and Quantitative Momentum, and an expert in systematic investing. In this interview, we discuss: The recent struggles…
Excess Returns, Ep. 25: An In Depth Look at Momentum Investing
Momentum investing is difficult to understand for many investors. While a concept like value that involves trying to buy stocks at a discount to what they are worth resonates with…
Excess Returns, Ep. 24: The Pros and Cons of Factor Timing
We are all trained to buy low and sell high, and it is tempting to conclude that we can do the same thing with factors. But the research suggests that…
Excess Returns, Ep. 23: The Challenges of Multi-Factor Investing
The basic theory of multi-factor investing is pretty simple. It has been widely proven that factors like value and momentum can outperform the market over long periods of time. But…
Excess Returns, Ep. 22: A Look at the Impact of COVID-19 on Value Investing
The process of using past fundamentals to try to predict future prices has been in place for a very long time, and there is substantial academic evidence to support it.…