The Dumb Timing Luck of Smart Beta, Corey Hoffstein, Newfound Research
Corey Hoffstein, Newfound Research
Rebalance Timing Luck.pdf
The Dumb Timing Luck of Smart Beta
Many
investors will evaluate what they invest in and how they make those
decisions, but how many measure the impact of when those decisions are
made? This seemingly innocuous choice can lead to significant and
permanent performance dispersion, even between otherwise identically
managed strategies. In this presentation, we will explore the idea of
Rebalance Timing Luck, its primary drivers, and how investors can seek
to control for it.
Corey is co-founder and
Chief Investment Officer of Newfound Research, a quantitative tactical
asset management firm. At Newfound, Corey is responsible for portfolio
management, investment research, strategy development, and communication
of the firm's views to clients. Corey holds a Master of Science in
Computational Finance from Carnegie Mellon University and a Bachelor of
Science in Computer Science, cum laude, from Cornell University.
Twitter: choffstein
Newfound Research LLC
380 Washington Street, 2nd Floor
Wellesley, MA 02481
p: +1.617.531.9773
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Recording of The Dumb Timing Luck of Smart Beta, Corey Hoffstein, Newfound Research
