December 31, 2018

Alternative Risk Premia

Quote: “The year 2018 has been a difficult one for the broad alternative risk premia (ARP) market. Not only have these strategies lagged conventional 60/40 investing, their year-to-date negative performance has been widespread within the ARP market. The core strategies […]
November 19, 2018

4TH QUARTER 2018 Investment Landscape

Value pain train from Verus… Chart then download… —- —- Download PDF 2018 4 Q Letter Website Good investing, Meb Faber
November 6, 2018

Additional Insights into the Value Factor’s Inner Workings

The next chapter in the Jesse Livermore / OSAM collaboration… Chart then download… —- —- Download PDF Additional Insights into the Value Factor’s Inner Workings Website Good investing, Meb Faber
July 1, 2018

Avoiding Losers

This paper is a few years old but from a shop that is new to me, Greenline Partners.  Their other pieces are worth perusing as well. Today tackles a topic we chat about lots on the podcast…many strategies, like value, […]
June 19, 2018

How Long?

How long until you know if that smart beta ETF you bought is delivering alpha?  Oh, I dunno, 67 years or so? Chart and download: —- —- Download Factor Fimbulwinter Website Good investing, Meb Faber
June 11, 2018

Factors from Scratch

I’m sure most of you have already seen this, but worth reading or downloading….a collab between anon Jesse Livermore and the OSAM crew… Chart and link: —- —- Downloads Factors from Scratch Website Good investing, Meb Faber
May 30, 2018

Corporate Bond Factors

Starting to be more research and info on factors applied to corporate bonds… Chart and download: —- —- Downloads Multi Factor Approach to Corporate Bonds Website Good investing, Meb Faber
May 28, 2018

Will it Blend?

Age old question:  Do you rank factors individually then combine the portfolios, or average the rankings?  Which works best? Chart and download: —- —- Downloads Food for Thought: Integrating vs. Mixing Website Good investing, Meb Faber
May 8, 2018

Tiger Quants

Lots of goodness in this article from Novus, an old regular here on the Farm we haven’t featured in awhile… Chart and download: —- —- Downloads Are Tiger Cubs Evolving Into Tiger Quants? Website Good investing, Meb Faber
November 3, 2017

Replicating Anomalies

Two links from Wes and AA crew on replicating academic studies.  Fun to read though fair amount of debate on the topic as they note… Chart and download —- —- Link Want to Learn More About Factor Investing? Replicating Anomalies […]
October 14, 2017


These two studies are interesting, though you may need to print them out and read twice… One from Leuthold and one from Alpha Architect… Charts and download: —- —- Link Factoring for Fire Reconciling Individual Stock Returns and Factor Portfolio […]
August 30, 2017

Multi-Factor REITs

A nice simple paper from OSAM on multi-factor REIT investing. …chart then download: —- —- Link A Factor Alpha Approach to REITs Website
August 28, 2017


As a reminder, if you send me a link/PDF to a research piece that I then use, I will credit your account $100.  We have readers that have made over $700 this way…so just send an email with RESEARCH in the subject […]
August 21, 2017

Macro Mo

A complimentary macro strategy to trend? …chart then download: —- —- Link Macro Momentum Website
February 17, 2017

Expected Returns

Nice piece from AQR on how they construct their capital market expected returns. Chart then download: —- —- Downloads Capital Market Assumptions for Major Asset Classes Website