Alpha Architect Research Blog

The Newest Alpha Architect Research and Insights


Active Fee Over Time: Retail and Institutional Trends Over Time

We've been focused on understanding how to communicate the concept of active fee to the broader investment community. Active fee is an important concept because it helps investors make more informed and educated decisions -- a great thing! The concept has been ...

Cyber Monday: Alpha Architect Book Sale

Are you looking to empower an investor through education this holiday season? Now's your chance! All three of our books are on sale for $9.99 through November (3 days). Hurry! An accessible introductory book for motivated investors: DIY Financial Advisor ...

Great Minds Agree to Disagree on the Source of the Value Investing Premium

Active investing sounds so easy. But we all know it is extremely difficult. Ask any deep value investor how they have felt over the past few years (although, they are feeling a lot better recently). Certainly, any credible active investor ...

In Calm Markets Should We Buy “Cheap” Put Protection?

Time for a little myth busting. Recently, the Motley Fool posted an article that argued the following: when market volatility is low, protective put options are cheap. From the article: Smart investors know that the time to buy most investments is when most investors ...

An Evidence-Based Low Volatility Investing Discussion

Jack and I had the honor of attending the Evidence-Based Investing conference, hosted by the team at Ritholz Wealth Management. Wow. What a great event and a great group of inspiring investors and thinkers. Abe, Meb, John, Mike, and I had ...

Book Review: Investing in Foreign Stocks

In their search for strong investment returns, many investors have increasingly looked abroad to international markets. International diversification makes sense from several perspectives. For instance, we wrote here about a paper that argued that some decisions to allocate to U.S. equities ...

Long-Short Investing Might Shorten Your Investment Lifespan

Over the past several decades, academics have identified numerous variables that seem to predict future expected returns. This has led to a proliferation of so-called "factors" identified in the literature, and created what John Cochrane has labeled the "factor zoo." Now ...

Calling All Veterans Interested in Finance: How Can we Help?

Today is the 241st birthday of the Marines, which is celebrated by all Marines around the world. Tomorrow is Veteran's Day. A great time of year to reflect and thank all veterans for keeping America awesome. As former Marines, we wanted ...

Earth to Passive Investors: Lunch is Never Free.

Imagine the following scenario:
  • A strategy that outperforms everything.
  • An ability to scale the strategy at no costs.
  • A beating drum highlighting the infallible logic of the strategy.
  • And the best part is this strategy costs an investor next ...

DIY Asset Allocation Weights: November 2016

Do-It-Yourself tactical asset allocation weights are posted. Create a free account here if you want to access the site directly. Sign in here if you already have a free account. Strategy Date Domestic Value Domestic Mom Int'l. Value Int'l. Mom Real Estate Commodities ...

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