Flirting with Models cover image

Michael Hunstad - Institutional Trends in Factor Investing (S3E9)

Flirting with Models

00:00

How to Define a Factor in a Portfolio?

Academic research is wonderful for pointing out the existence of a factor, but no way, shape or form does it tell you how to extract the factor premia in the best possible manner. We believe in a multi dimensional approach, meaning that you use a variety of metrics to gauge value, to gauge quality, to gauge volatility. Nw, keep in mind factors, they're strictly unobservable. They're theoretic. We try to proxy them through our definitions. So taking a triangulation approach is critical.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app