Author: Nathan Faber (Page 2 of 15)
Factor timing doesn't require extreme accuracy, but finiding a model that has that accuracy may be difficult. Diversifying is often the best approach.
Timing when to invest in trend following strategies is hard, but evidence shows it may be done based on the stage of the economic cycle.
The term premium for bonds is difficult to caputre without de-risking a portfolio. Using levered ETPs can help maintain equity exposure while adding bonds.
Accounting for potential dynamic spending in retirement in the planning process can paint a better picture of retirement success and failure.
Re-specifying the Fama French 3-Factor Model
By Nathan Faber
On December 16, 2019