Quantocracy's Daily Wrap for 08/07/2015 - Quantocracy

This is a summary of links featured on Quantocracy on Friday, 08/07/2015. To see our most recent links, visit the Quant Mashup. Read on readers! - Battle Of New Factor Models [Larry Swedroe]In their groundbreaking paper, Digesting Anomalies: An Investment Approach, Kewei Hou, Chen Xue and Lu Zhang proposed a new four-factor asset pricing model that goes a long way toward explaining many of the anomalies neither the Fama-French three-factor nor subsequent four-factor models could explain. The...