Alex

[Alex @Alex33874702]

@larryswedroe @Rick_Ferri @larryswedroe thank you for the detailed explanation. I understand it much better now

[Alex @Alex33874702]

@larryswedroe @Rick_Ferri Apologies for asking a silly question. That premium is lower than the sp500 premium over tbills, so how does this show that factors work? I'm sure I 'm missing something here

[Alex @Alex33874702]

@Rick_Ferri @larryswedroe Or it could be that research continues and smart people find new things? In science it often works like this

[Alex @Alex33874702]

@larryswedroe Super interesting! 3 years look-back seems to be a potentially simple rule to apply in a fund. Maybe as a screening rule. Do you think find managers will be using it? Or for some reason it might be difficult to implement?

[Alex @Alex33874702]

@LorickFoxPA @markkaplan20 This is very good information, can you please explain why ezemibe is effective only in combination with high dose statins. I am taking it with 5mg rosivastatin, is it wrong?

[Alex @Alex33874702]

@larryswedroe Very interesting @larryswedroe. Do you know MAX is used by any existing funds such as DFA or Avantis or maybe others?

[Alex @Alex33874702]

@larryswedroe Very interesting. I think that some of these concepts are already implemented by DFA and Avantis. Specifically the momentum "screening" and the combination of value and profitability. Do you have any insights on this?

[Alex @Alex33874702]

@larryswedroe Larry, very interesting article. Do you know if any existing fund (maybe avantis or dimensional or aqr) follows this approach?

[Alex @Alex33874702]

@larryswedroe I would be curious to know if this is long/short value, or maybe value combined with other factors like dimensional and avantis do in their funds, or just lonfg value?

[Alex @Alex33874702]

@larryswedroe How much of this is due to the depreciation of the dollar?

[Alex @Alex33874702]

@larryswedroe Very interesting. Regarding the "intangible value" and the "quality" factors, is there any risk based explanation? It seems to me that both are actually low risk factors and hence the return should be lower?

[Alex @Alex33874702]

@larryswedroe To me this sounds like a new explanation of why value and quality (profitability) factors work

[Alex @Alex33874702]

@DJSnM Where are the other two?

[Alex @Alex33874702]

@larryswedroe Is this the approach that DFA and Avantis follow? Or there are better options for investors?

[Alex @Alex33874702]

@larryswedroe Is there a risk based explanation for this? Aren't more profitable stocks less risky and if so why is the expected return higher?

[Alex @Alex33874702]

@jordanbpeterson Misrepresented. https://t.co/W9gYAcFCJD

[Alex @Alex33874702]

@yanisvaroufakis Yanis, do we have any additional evidence that it was IDF. Other than the tweet from that person?

[Alex @Alex33874702]

@larryswedroe Any possibility to use this for market timing?

[Alex @Alex33874702]

@larryswedroe How about TIPS?

[Alex @Alex33874702]

@larryswedroe Does this mean that active management has a better chance now that the market is less liquid?