This is a summary of links featured on Quantocracy on Thursday, 07/18/2019. To see our most recent links, visit the Quant Mashup. Read on readers!
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Value Investing & Concentration [Alpha Architect]As many investors have experienced, Value investing has underperformed for some time now. For the period following the Global Financial Crisis, Value investing (in general) has underperformed (1) the market and (2) Growth stocks. So while the past decade has been rough for Value investors, it can be a good time to examine the process and importantly determine how one forms their Value portfolio,
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An intuition behind currency risk [Quant Dare]Although we find currency risk particularly interesting, it is not often the case with many investors for whom it is no more than a necessary inconvenience. As such, they tend to neglect it, accepting undesirable non-remunerated risks and missing potential opportunities. To prevent this, in this post we will try to provide an understanding of the mechanics of currency risk. For the sake of