Upstarts Challenge a Foundation of Modern Investing
https://www.bloomberg.com/news/features/2024-03-11/a-fight-over-factor-investing-tests-a-pillar-of-modern-finance
A Nobel laureate’s theory supports betting on cheaper stocks and sets a benchmark for money managers. But the numbers keep changing. How much does it matter?
Related:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4629613
https://www.bloomberg.com/news/features/2024-03-11/a-fight-over-factor-investing-tests-a-pillar-of-modern-finance
A Nobel laureate’s theory supports betting on cheaper stocks and sets a benchmark for money managers. But the numbers keep changing. How much does it matter?
Related:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4629613