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Replicating Hedge Fund Strategies with Andrew Beer

Excess Returns

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What's Your View on Quantitative Value Investing?

The original diagnosis of value by by Fama described a very, very real phenomenon in 1960 through to 1962 to 1990. That was essentially over by 1990, which was, and if you like, use an example,. 1975. Right, and how do you actually go buy a stock in 1975? You're calling a broker who's getting paid on the number of shares that you buy. And the and the commissions were fat and that's how they made money. So in that world, there's an enormous incentive to push hot stocks. But then this idea that, you know, it's changed with intangible assets and. Sort of these technology companies and platform companies and these value companies sort of reside

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