Posts by Wesley R. Gray, Ph.D.

Ben Graham: Skill or Luck?

January 9, 2013

Toby has a great post on his blog: Note: This site provides no information on our value investing

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Flexible Asset Allocation

January 3, 2013

Generalized Momentum and Flexible Asset Allocation (FAA) An Heuristic Approach Wouter J. Keller and Hugo S.van Putten A recent version

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New Tax Bill

January 2, 2013

Always fun to read the source document: Amazing how many carve outs and special interest deductions there are in

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Good Timing, Meb

December 14, 2012

I spent a few hours writing up a post mapping out the likelihood of 2-3% real returns over the next

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Dividing Value into “Priced” and “Mispriced”

November 3, 2012

Gerakos and Linnainmaa have a new paper out: and,%20J.T.%20Linnainmaa%20-%20The%20Unpriced%20Side%20of%20Value.pdf Here is code to perform the decomposition:  

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