Quantified Investment Strategies

This lesson contains quantified evidence of how certain strategies and “factors” have performed in the past.

Stocks as a group have performed well for many decades, but it’s important to be aware that most of the returns have come from just a small fraction of the stock universe. Most stocks go on to have a return equal to or less than short-term Treasuries during their public life. The first two topics of this lesson cover that.

The rest of the lesson is dedicated to showing what has worked in the past. However, that doesn’t mean it will work in the future. The stock market is very dynamic and in constant change!