Why Value Investors Underperform by Jason Hsu, Research Affiliates
Style Premia Are Not Constant Over Time
Time Varying Style Premium
Why Do Return Premia Vary Over Time?
How much money can we put to work before return “premiums” are substantially eroded?
Low Volatility Stocks: Valuations Relative to Simulated Market Cap (1967–2014)
See full slides below.
