Preface

What This Book Is About (and Not About) and Who It Is For (and Not For)

This book is about investing in U.S. equities using quantitative strategies. It is not about investing in most other things. For example, it is not about investing in bonds, mutual funds, CDs, or real estate. It is not about investing in other countries.1

This book is not about trading U.S. equities. Although trading is a part of investing in U.S. equities, it is a small part. Strategies discussed in this book are largely of the buy-and-hold nature, with occasional trades in the portfolio. If you are looking for a book on trading in and out of stocks multiple times within a day (also called day trading), this book is not for you.

This book is for (1) investors with ...

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