In part one, I looked at backtests and how, if not conducted properly, the data produced from these tests can be highly misleading.
However, as I noted in part one backtests should not be written off entirely. They have their uses, if used properly. This was a topic Jim O'Shaughnessy, Chairman and CEO of O'Shaughnessy Asset Management and author of
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk
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Chart via Pension & Investments
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Summary
The recent stress tests by the European Central Bank offered few surprises and did not cause any significant political or financial reactions in the Continent. However, these tests were... Read More
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Q3 hedge fund letters, conference, scoops etc
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Dividend Investing - 57 Quality, High Dividend Yield Investment Ideas by Tim du Toit, Quant Investing
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