The TIPS Bond ETF is up ~ 9% this year, and has had a strong move lately. I wonder why?
Most quants I know perfer the complex to the simple, and more factors to less. I (usually) sit on the other side of the fence, opposite Mr. Rube Goldberg.
This fellow would make a great quant! (Although I must say the engineer in me is mighty impressed. . .)
Since PanAgora is one of the top 7 quant firms (why didn’t they do top 10?), I thought I would link to a couple of their research pieces. First, the other six firms are:
Couple articles from PanAgora’s site:
Question – why hasn’t anyone launched an “All weather ETF”?
And an article from Quantext, “Getting the Most Return for Your Risk“.
I wholeheartedly agree with the author that a good buy and hold asset allocation can get you to about a 1:1 ratio for return to volatility. With a few tweaks (like risk parity) you can do slightly better, but not a lot better without resorting to active management.
The author has built a software company based around the Portfolio Planner application which I am going to take for a spin. You can email Geoff for a free trial. Quantext homepage is here.
If shipwreck Black Swan turns out not to be located in Spanish waters, OMEX could double. If it is, the stock is going to sink like an anchor. . .
Women of all the races we studied revealed a strong preference for men of their own race: White women were more likely to choose white men; black women preferred black men; East Asian women preferred East Asian men; Hispanic women preferred Hispanic men. But men don’t seem to discriminate based on race when it comes to dating. A woman’s race had no effect on the men’s choices.