H Factor System News Today

Focus only on the known information and ignore the unknown.

Which approach is best when investing?

Bad decisions caused by both bias and noise are rampant in the market.

It’s important to focus less on scary macro-market movements and more on a company’s probability of delivering growth.

Darts is a game of precision that seems easy at first but becomes very, very hard by the end, just like active stock management.

This article was first published on New Age Alpha here. Imagine you’re sitting, minding your own business, and your buddy, Louie, shoulders up to you and begins his sentence saying, “What are the odds…?” With such an introduction, his next words will almost certainly detail a plan with little chance of success. Whether it involves

The value of a security should be determined via an actuarial process that strips out any and all vague and ambiguous information.

A look at the numeric probabilities of investment success and how you might be better off simply avoiding the losers.