Practical analysis for investment professionals
CAPM
The Low-Volatility Factor and Occam’s Razor
Will the low-volatility premium continue to be the best-kept secret in financial markets?
ESG Investing and the Popularity Asset Pricing Model (PAPM)
When it comes to ESG investing, we have to agree that we don’t all agree.
Jack L. Treynor and the Birth of the Quants
Imagine for a moment an investment world without the accomplishments of Jack L. Treynor. In this imaginary Treynor-less world, mass casino psychology and fund manager guru-worship might rule, unchallenged by any metrics other than crude popularity and marketing spend.