I’m excited to now be an official contributor for Forbes.com. My posts on Forbes will be an extension of what I do every day – talking about market structure, FinTech and the changing capital markets. My first post examines quatimental investing. As always comments welcome:
For decades, the universe of institutional investors has been largely split into two camps: fundamental investors and quantitative investors (quants). The former generally made investment decisions based on earnings statements and, of course, company fundamentals. The latter were less concerned with the CEO’s quarterly comments and more interested in what historical data could tell them about the price of a security going forward. Today, however, we are in a world in which long-understood definitions are no longer clear, and the lines defining investors, dealers, market makers, and investment analysis approaches are increasingly blurry.