Factor-based investing (value, quality, momentum, dividends) should be understood primarily as a diversification tool across different economic environments rather than as a means to generate alpha or beat the market.
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Ben CarlsonEvidence Quote
“I've never looked at factors as a way to get Alpha... the way that I see them is as a form of diversification”
Created: 8/11/2026, 7:52:29 AM
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