Are short positions really worth it in equity factor investing? In this deep dive, we explore market-neutral portfolios, the trade-offs of shorting vs. hedging, and whether shorting can lead to better risk-adjusted returns. We break down key factors like momentum and value, discuss the impact of trading costs, and uncover whether the long-short approach truly outperforms. Join us as we challenge conventional wisdom and ask: How might the future of investing change?Find the full research paper here: https://community.quantopian.com/c/community-forums/equity-factors-to-short-or-not-to-short-that-is-the-questionFor more quant-focused content, join us at ⁠⁠⁠⁠https://community.quantopian.com⁠⁠⁠⁠. There, you can explore a wealth of resources, connect with fellow quants, engage in insightful discussions, and enhance your skills through our extensive range of online courses.Quant Radio is an AI-generated podcast, intended to help people develop their knowledge and skills in Quant finance. This podcast is not intended to provide investment advice.

Is ESG investing really making a difference, or is it just hype? In this deep dive, we break down the complexities of sustainable investing—exploring returns, real-world impact, and the messy world of ESG ratings. From divestment dilemmas to greenwashing scandals, we uncover the truth behind ethical investing. Can investors truly drive change, or is the system flawed? Tune in for a balanced, thought-provoking discussion that challenges everything you thought you knew about ESG.Listen now and decide for yourself.Find the full research paper here: https://community.quantopian.com/c/community-forums/sustainable-investing-in-theory-and-practice-the-ultimate-solution For more quant-focused content, join us at ⁠⁠⁠⁠https://community.quantopian.com⁠⁠⁠⁠. There, you can explore a wealth of resources, connect with fellow quants, engage in insightful discussions, and enhance your skills through our extensive range of online courses.Quant Radio is an AI-generated podcast, intended to help people develop their knowledge and skills in Quant finance. This podcast is not intended to provide investment advice.#SustainableInvesting #ESG #Finance #ImpactInvesting

Is factor investing the secret to beating the market, or just a statistical illusion? In this episode of Quant Radio, we explore the origins of factor investing, from the Fama-French model to the challenges investors face in practice. While research suggests factors like size and value can provide an edge, real-world results often tell a different story. Why do some factors work in theory but fail in execution? How do trading costs, market cycles, and investor behavior impact returns? And what about the so-called "anti-factor"—stocks expected to underperform that somehow beat the market?Join us as we break down the evidence, challenge common assumptions, and discuss how investors can navigate the unpredictable world of factor strategies. Whether you're a seasoned investor or just curious about market trends, this episode will help you understand the risks, rewards, and realities of factor investing. Hit play and let's dive in!Find the full research paper here: https://community.quantopian.com/c/community-forums/do-factor-strategies-beat-the-market-sometimes-yes-sometimes-noFor more quant-focused content, join us at ⁠⁠⁠⁠https://community.quantopian.com⁠⁠⁠⁠. There, you can explore a wealth of resources, connect with fellow quants, engage in insightful discussions, and enhance your skills through our extensive range of online courses.Quant Radio is an AI-generated podcast, intended to help people develop their knowledge and skills in Quant finance. This podcast is not intended to provide investment advice.

Ever wondered how many assets you should include in your investment portfolio? Conventional wisdom suggests that adding too many stocks leads to overfitting, but what if that’s not the full story? In this episode, we dive into groundbreaking research on double descent, a phenomenon that challenges traditional beliefs about portfolio complexity. We explore the surprising link between investing and machine learning, uncover why adding more assets—even beyond your data points—might actually improve performance, and break down the balance between Sharpe ratios, estimation error, and statistical mechanisms. Using over 50 years of U.S. stock market data, we examine how this theory plays out in the real world and what it means for portfolio construction, risk management, and even AI-driven investing. This discussion will make you rethink everything you thought you knew about building a portfolio. Tune in and discover why complexity might just be your portfolio’s best friend! Find the full research paper here: https://community.quantopian.com/c/community-forums/double-descent-in-portfolio-optimization-dance-between-theoretical-sharpe-ratio-and-estimation-accuracy For more quant-focused content, join us at ⁠⁠⁠⁠https://community.quantopian.com⁠⁠⁠⁠. There, you can explore a wealth of resources, connect with fellow quants, engage in insightful discussions, and enhance your skills through our extensive range of online courses. Quant Radio is an AI-generated podcast, intended to help people develop their knowledge and skills in Quant finance. This podcast is not intended to provide investment advice.

Are formula-based investing strategies still effective after decades of market shifts? In this deep dive, we explore four popular stock-picking formulas—the F Score, Magic Formula, Acquirer's Multiple, and Conservative Formula—tested against historical data from 1963 to 2022. Discover how these strategies performed through bull markets, recessions, and everything in between. Which formula delivered the highest returns? Which one balanced risk best? And is formula investing as simple as it seems? Join us as we break down the research, analyze the strengths and weaknesses of each approach, and uncover what it takes to successfully apply these strategies in today's market. Whether you're a seasoned investor or just getting started, this episode will give you valuable insights into systematic investing and long-term market success. Find the full research paper here: https://community.quantopian.com/c/community-forums/out-of-sample-test-of-formula-investing-strategies For more quant-focused content, join us at ⁠⁠⁠⁠https://community.quantopian.com⁠⁠⁠⁠. There, you can explore a wealth of resources, connect with fellow quants, engage in insightful discussions, and enhance your skills through our extensive range of online courses. Quant Radio is an AI-generated podcast, intended to help people develop their knowledge and skills in Quant finance. This podcast is not intended to provide investment advice.

Dive into the intricate world of corporate bond factor investing, where traditional strategies meet unexpected market challenges. In this groundbreaking exploration, researchers uncover the hidden complexities that can dramatically erode investment returns. By examining 341 potential factors and rigorously testing them against real-world trading conditions, the study reveals a stark reality: only a handful of factors survive when transaction costs and market delays are considered. It's a must-listen for anyone seeking to understand the nuanced challenges of sophisticated investment strategies, challenging conventional wisdom and providing a realistic view of factor investing's true potential. Find the full research paper here: https://community.quantopian.com/c/community-forums/factor-investing-with-delays For more quant-focused content, join us at ⁠⁠⁠⁠https://community.quantopian.com⁠⁠⁠⁠. There, you can explore a wealth of resources, connect with fellow quants, engage in insightful discussions, and enhance your skills through our extensive range of online courses. Quant Radio is an AI-generated podcast, intended to help people develop their knowledge and skills in Quant finance. This podcast is not intended to provide investment advice.

Inflation is on everyone's mind—but did you know the market reacts differently depending on how inflation is perceived? In this deep dive, we explore groundbreaking research that uncovers the distinction between good inflation (rising prices alongside strong growth) and bad inflation (higher costs without economic expansion). Join us as we break down how inflation expectations impact stocks, bonds, and credit default swaps, and why investor sentiment plays a crucial role in shaping financial markets. Plus, we’ll reveal how subtle shifts in inflation swaps and Federal Reserve signals can ripple through asset prices—sometimes in surprising ways. If you're an investor, economist, or just curious about how inflation affects your portfolio, this episode is a must-listen! Find the full research paper here: https://community.quantopian.com/c/community-forums/good-inflation-bad-inflation-implications-for-risky-asset-prices For more quant-focused content, join us at ⁠⁠⁠⁠https://community.quantopian.com⁠⁠⁠⁠. There, you can explore a wealth of resources, connect with fellow quants, engage in insightful discussions, and enhance your skills through our extensive range of online courses. Quant Radio is an AI-generated podcast, intended to help people develop their knowledge and skills in Quant finance. This podcast is not intended to provide investment advice.

Ever wondered how corporate bond markets really work? In this episode, we pull back the curtain on the hidden networks that shape trading decisions in over-the-counter (OTC) markets. We explore a groundbreaking research paper that reveals how insurance companies leverage dealer relationships to gain a major advantage—sometimes predicting market shifts before they become public knowledge. Is this a fair game or an exclusive club for those with the right connections? From insider perks to ethical dilemmas, we break it all down in a way that's both eye-opening and easy to follow. Find the full research paper here: https://community.quantopian.com/c/community-forums/information-flows-in-trading-networks For more quant-focused content, join us at ⁠⁠⁠⁠https://community.quantopian.com⁠⁠⁠⁠. There, you can explore a wealth of resources, connect with fellow quants, engage in insightful discussions, and enhance your skills through our extensive range of online courses. Quant Radio is an AI-generated podcast, intended to help people develop their knowledge and skills in Quant finance. This podcast is not intended to provide investment advice.

In this episode of Quant Radio, we explore groundbreaking research on how Large Language Models (LLMs) like OpenAI’s technology are being used to predict option returns. Can AI really outperform human traders by analyzing news sentiment? How do models like BERT, Word2Vec, and TF-IDF compare? And what does this mean for the future of investing? Join us as we break down the findings, uncover the potential (and limitations) of AI-driven trading, and discuss whether this technology is a game-changer for financial markets. Find the full research paper here: https://community.quantopian.com/c/community-forums/expected-option-returns-and-large-language-models For more quant-focused content, join us at ⁠⁠⁠⁠https://community.quantopian.com⁠⁠⁠⁠. There, you can explore a wealth of resources, connect with fellow quants, engage in insightful discussions, and enhance your skills through our extensive range of online courses. Quant Radio is an AI-generated podcast, intended to help people develop their knowledge and skills in Quant finance. This podcast is not intended to provide investment advice.

Explore the art of trend-following strategies in investing! Discover how to differentiate real market trends from noise and the importance of clean signals. Dive into risk management techniques like risk budgeting and hierarchical risk parity to protect your investments. Learn about the 'CTA smile' concept and how it can enhance profits during market shifts. This engaging discussion offers valuable insights for both novice and experienced investors, highlighting the power of a systematic approach across asset classes.