JPMorgan's quantitative research confirmed that employee satisfaction metrics have alpha signal independent of momentum and other factors, validating human capital as a separate stock market factor.

factualpending

Speaker

Dan Ariely

Evidence Quote

JPMorgan did a couple of actually three they issued three papers on our data um showing not only that it has their Quant group not only that it has Alpha but it's it's not covered with other things right

Source

The Many Ways Our Irrational Minds Sabotage Our Wealth | Dan Ariely, Behavioral EconomistWealthion
Created: 8/12/2026, 6:45:07 PM

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