
The Best Investment Writing Volume 5: David Blitz, Pim van Vliet & Guido Baltussen, Robeco – When Equity Factors Drop Their Shorts
The Meb Faber Show - Better Investing
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A New Approach to Factor Investing
Short legs are of limited value to most investors, whereas long legs in small caps add significant value. The low risk premium derived from the finding that low risk stocks arn high risk adjusted returns while high risk stocks earn low risk adjusted returns. But it has been argued that the low risk premium is subsumed by the profitability and investment factors according to farmer and french.
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