This is a summary of links featured on Quantocracy on Saturday, 06/29/2024. To see our most recent links, visit the Quant Mashup. Read on readers!
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A Few Thoughts on Pragmatic Asset Allocation [Quantpedia]One of the main reasons why the Pragmatic Asset Allocation Model was designed is to give investors a tax-efficient possibility to invest in a global equity portfolio with a lower risk than the passive buy&hold approach. Therefore, the PAA model is not the absolute return model but rather the tactical model that prefers to invest in the equity risk premium and move to the hedging
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U.S. Companies Have Outperformed Japanese Companies, or Have They? [Alpha Architect]Over the period January 2000-March 2024, the S&P 500 Index returned 7.4% per annum, outperforming the return of 2.2% per annum of Japanese large stocks (MSCI/Nomura data) by 5.2 percentage points per annum. The outperformance has been even greater since 2010, with the S&P 500 Index returning 13.7% per annum, outperforming the 6.5% per annum return of Japanese large stocks by 7.2 percentage