This is a summary of links featured on Quantocracy on Tuesday, 08/13/2019. To see our most recent links, visit the Quant Mashup. Read on readers!
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Movement Capital’s Composite Strategy: Balancing Strategy and Asset Risk [Allocate Smartly]This is a test of Movement Capitals Composite Strategy. It combines tactical asset allocation with passive buy & hold. This balance between strategy risk and asset risk may be psychologically easier to trade, encouraging investors to stick with a smart investment plan when either style finds itself out of favor. Results from 1970 net of transaction costs follow. Read about our backtests or
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Do Most Individual Stocks Outperform Cash? No. [Alpha Architect]Id argue that a typical investor believes the followingIn the past and over the long run, stocks outperformed bonds.(1) However, as highlighted here, an academic paper last year shows that the majority of individual U.S. stocks actually lost compared to Treasury Bills (i.e. the return to cash)! For many investors, that is a stunning finding. (note: the stats for stocks with value and