Bruce I. Jacobs, CFA, is chair of the Advisory Board of the Jacobs Levy Center. Jacobs is principal and co-founder of Jacobs Levy Equity Management, established in 1986. He is co-chief investment officer, portfolio manager, and co-director of research.
There is much greater dimensionality to the stock market than is suggested by the one-factor capital asset pricing model, but investors underestimate the market’s dimensionality through their recent embrace of “smart beta” strategies.
Subscribe to Enterprising Investor and receive the weekly email newsletter.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.