Revisiting the Factor Zoo: How Time Horizon Impacts the Efficacy of Investment Factors
The returns of investments are not completely random over time (i.e., do…
Commodities for the Long Run?
If you focus only on returns and covariances over a one-year investment…
What’s Your Client’s Optimal Equity Allocation?
Investment advisors may be overestimating the risk of equities for longer-term investors.…
Investment Returns Are NOT Random
There is notable disagreement among academics about how investment time horizon should…
