Recapping the Alpha Architect Team Building Adventure

Recapping the Alpha Architect Team Building Adventure

July 15, 2016 Business Updates
Print Friendly
(Last Updated On: July 15, 2016)

The Alpha Architect Team & Friends took a trip to the mountains last weekend to conduct a Freedom Hike–Our unique form of team-building.

We were hosted by my youngest brother who runs an elk outfitting business — Flat Tops Wilderness Guides — deep in mountains of CO (not far from the ranch where we grew up).

We started the hike off with an attempt to promote awareness related to the high rates of suicide among veterans — estimated at over 20 per day. The squad — to include the 66-year-old Gary Antonacci of Dual Momentum fame — did 22 pushups as a team.

After we did our pushups we took the “before” picture — notice how everyone is smiling pre-hazing.

From Left to Right (Top): Henry Brigham, Dave Babulak, Pat Cleary, Doug Pugliese, Cliff Gray, Tyler Gray. Bottom: Wes Gray, Yang Xu, Gary Antonacci, Tao Wang, Uncle Richard


We followed our group shot with some intense outdoors adventure: We hiked over 30 miles, conquered Shingle Peak, fly fished, told lies around the camp fire, and managed to come back in one piece. Success.

The view outside our camp–fly fishing heaven. Pat Cleary is in the picture landing a beautiful brook trout

Here is a shot of us at the top of Shingle Peak:

atop shingle peak
Back Row left to right: Cliff Gray, Henry Brigham, Dave Babulak, Doug Pugliese, Wes Gray. Bottom row: Yang Xu, Pat Cleary, Tyler Gray, and Tao Wang.

Here were the living quarters for a few days:

Alpha Architect outdoor HQ. We contemplated many quant models in the woods.


Note: This site provides NO information on our value investing ETFs or our momentum investing ETFs. Please refer to this site.

Join thousands of other readers and subscribe to our blog.

Please remember that past performance is not an indicator of future results. Please read our full disclosures. The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Alpha Architect, its affiliates or its employees. This material has been provided to you solely for information and educational purposes and does not constitute an offer or solicitation of an offer or any advice or recommendation to purchase any securities or other financial instruments and may not be construed as such. The factual information set forth herein has been obtained or derived from sources believed by the author and Alpha Architect to be reliable but it is not necessarily all-inclusive and is not guaranteed as to its accuracy and is not to be regarded as a representation or warranty, express or implied, as to the information’s accuracy or completeness, nor should the attached information serve as the basis of any investment decision. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission from Alpha Architect.

Definitions of common statistics used in our analysis are available here (towards the bottom)

About the Author

Wesley R. Gray, Ph.D.

After serving as a Captain in the United States Marine Corps, Dr. Gray earned a PhD, and worked as a finance professor at Drexel University. Dr. Gray’s interest in bridging the research gap between academia and industry led him to found Alpha Architect, an asset management that delivers affordable active exposures for tax-sensitive investors. Dr. Gray has published four books and a number of academic articles. Wes is a regular contributor to multiple industry outlets, to include the following: Wall Street Journal, Forbes,, and the CFA Institute. Dr. Gray earned an MBA and a PhD in finance from the University of Chicago and graduated magna cum laude with a BS from The Wharton School of the University of Pennsylvania.