You Can Invest Just Like Warren Buffett, If You’re a Quant Hedge Fund – Bloomberg 12-02-13

Salient to Investors:

The National Bureau of Economic Research found:

  • A robot could replicate Warren Buffett’s stock-picking performance.
  • The ingredients of that robot are 1.6x leverage, which is what Buffett runs at Berkshire Hathaway, and a statistical factor-weighting investment approach that overweights growing, high-payout, profitable companies with low betas.

Read the full article at http://www.bloomberg.com/news/2013-12-02/you-can-invest-just-like-warren-buffett-if-you-re-a-quant-hedge-fund.html

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