Talk Your Book: The Low Volatility Anomaly

<p><span style= "caret-color: #000000; color: #000000; font-family: Helvetica; font-size: 12px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; text-decoration: none; display: inline !important; float: none;"> On this edition of Talk Your Book we discuss the low volatility anomaly with Invesco's Nicolas Kalivas. Topics include why low vol isn't as well known as some of the other risk factors, why finance theory doesn't always work in practice, why flows follow performance, behavioral reasons for low vol to persist as an anomaly, why rebalancing matters and much more.</span></p> <p><span style= "caret-color: #000000; color: #000000; font-family: Helvetica; font-size: 12px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; text-decoration: none; display: inline !important; float: none;"> <span style="white-space: pre-wrap;"><span style= "font-family: Times;"><span style="font-size: 16px;">Find complete shownotes on our blogs...</span></span><br /> <span style="color: #0000ee;"><span style= "font-family: Times;"><span style="font-size: 16px;">Ben Carlson’s <a href="http://awealthofcommonsense.com/podcast/"><u>A Wealth of Common Sense</u></a></span></span></span><br /> <span style="color: #0000ee;"><span style= "font-family: Times;"><span style="font-size: 16px;">Michael Batnick’s <a href= "http://theirrelevantinvestor.com/podcast/"><u>The Irrelevant Investor</u></a></span></span></span><br /> <span style="color: #0000ee;"><span style= "font-family: Times;"><span style="font-size: 16px;">Like us on <a href= "https://www.facebook.com/Animal-Spirits-19500670