Welcome podcast listeners. We have a fantastic episode for you today.

Last year when we published the Best Investment Writing

Volume 2, we offered authors the opportunity to record an audio version of their

chapter to be released as a segment of the podcast and listeners loved it. This year we're bringing you

the entire volume of the best investment writing volume 3 in podcast format.

You'll hear from some of the most respected money managers and

investment researchers all over the world. Enough for me, let's get to our guests

and let them take over this special episode.

Hi, this is West Gray and I am the CEO of Alpha Architect, a firm with a mission and passion

to empower investors through education in order to develop sustainable investors.

Our business focus is on delivering what we call focus factor.

You can always learn more about us at alfarcharchitect dot com we always share materials

generally educational in nature we can learn about financial markets and

quantitative finance in general today I'm going to read a piece entitled Factor Investing Fact Check Our Value and Momentum Dead.

Why do we write this post just for some quick background.

Well, as many listeners will probably be aware,

a lot of factors really haven't delivered

much in the form of excess returns

over standard market cap benchmarks like for example the

S&B 500. So that's really the context and the Y of this post and so without

further ado let's dig in so the stock market at least is

measured via the S&P 500 has had an epic performance run especially relative to

...