Factor investing deep dive with Jack Vogel
By Jack Vogel, Alpha Architect
Benjamin Felix and Cameron Passmore, hosts of the Rational Reminder podcast, sit down with Jack Vogel and go through a thorough list of factor investing questions. (Video: 1hr 19min)
_______________________________________________________________________
Tariq Fancy on the failure of green investing and the need for state action
The Economist
Decarbonising the world economy is hard but possible. Those who believe that companies must act responsibly must also accept that simply wishing for it is no better than endless exhortations to good sportsmanship after a game has deteriorated into widespread dirty play. When that happens, players look to the refs. Businesses and markets have referees too. It’s time that the private sector asks them to do their jobs.
_______________________________________________________________________
The attention span. “Racehorses and Psychopaths.”
By Tom Morgan, The KCP Group
The perennially insightful investment strategist Michael Mauboussin often references a famous study of horse race handicappers. They first asked the handicappers to make race predictions with 5 pieces of information for each horse in the race. Then they asked the handicappers to make the same predictions with 10, 20, and 40 pieces of information. The handicappers didn’t get any more accurate with each additional piece of information, but they did get more confident.
