There’s been some buzz recently around Societe Generale SA (ADR) (OTCMKTS:SCGLY) (EPA:GLE)’s WISE model (Winning Investment Strategies in Equities), and looking at the model’s historical results shows why. Although it has only been used for about the last decade (since 2001 in Europe, 2007 in the US, and more recently elsewhere) a new paper from Societe Generale’s Global Quantitative Research division used backtesting to see how the model would have performed if it had been devised earlier, and it consistently beats markets, sometimes by staggering amounts. WISE Europe stocks selection WISE Europe chooses stocks with at least €3 billion in…