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awkwit

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Python for Finance 12 years ago

I highly doubt Dimensional are using a three factor model to manage their portfolios. Typical multi-factor models these days can have anywhere from 10 to 100 factors.

The concepts of the three factor model are important to learn but implementing one in practice is rarely done. These core factors are too crowded these days as all the quant funds are looking at the same factors.

We've been in fundraising mode for the last 6 months and some of Sam's points really shine through.

In particular the valuation bit strikes close to home.

Project Tango 12 years ago

on one hand this sort of thing concerns me, but on the other hand that's just amazing. just comes down to trust I guess