Blog categorized as research

Introduction

For decades, earnings per share (EPS) has occupied a central role in equity valuation, often viewed by analysts and investors alike as the definitive measure of a company’s profitability and performance. The EPS–P/E multiple framework bec...

Abstract

Portfolio asset allocation is the cornerstone of long-term investment success. However, many investors and wealth managers rely on pretax account values when determining allocations, ignoring a critical element: taxes. Tax-deferred accounts like traditional IRAs car...

Authors: Vincent Yip and Evan Michale Brown

Executive Summary

Factor-based investing strategies like value, momentum, quality, and investment have long been backed by academic research for their ability to outperform traditional market-cap-weighted indices. However, ...