Wesley R. Gray
Founder and CEO, Alpha Architect; formerly assistant professor of finance at Drexel University's LeBow College of Business; former U.S. Marine Corps captain
Quantitative Value and Quantitative Momentum are the standard build-it-yourself manuals for systematic value and momentum, and Alpha Architect is a heavily used practitioner research archive.
4 books of their own · 16 articles
Books they wrote 4
Letters
Alpha Architect is an ETF issuer and white-label ETF platform; it publishes an open research blog rather than periodic investor letters, and its funds' N-CSR filings carry no manager letter. Gray's own written record is that blog plus his academic papers, whose canonical index is his SSRN author page (per_id=432318); the thirteen papers are listed under articles.
Research papers 15
- Wesley R. Gray SSRN author pageSSRN, 2026
- Why Do Enterprise Multiples Predict Expected Stock Returns?The Journal of Portfolio Management, 2019
- Do Fund Managers Identify and Share Profitable Ideas?Journal of Financial and Quantitative Analysis, 2017
- Why Do Enterprise Multiples Predict Expected Stock Returns?SSRN working paper, 2016
- Enhancing the Investment Performance of Yield-Based StrategiesThe Journal of Investing, 2014
- Does Complexity Imply Value? AAII Value Strategies from 1963 to 2013SSRN working paper, 2014
- Are You Trying Too Hard?SSRN working paper, 2014
- On the Performance of Cyclically Adjusted Valuation MeasuresSSRN working paper, 2013
- Using Maximum Drawdowns to Capture Tail RiskSSRN working paper, 2013
- Limited Attention and Asset Price Efficiency: Evidence from NYSE Opening and Closing CeremoniesSSRN working paper, 2013
- Analyzing Valuation Measures: A Performance Horse-Race Over the Past 40 YearsThe Journal of Portfolio Management, 2012
- Do Buy-Side Recommendations Have Investment Value?SSRN working paper, 2012
- The Investment Value of Contrarian Buy-Side RecommendationsSSRN working paper, 2011
- Talking Your Book: Social Networks and Price DiscoverySSRN working paper, 2011
- Facebook for Finance: Why do Investors Share Ideas via Their Social Networks?SSRN working paper, 2008
Articles and essays 1
- The Sustainable Active Investing Framework: Simple, But Not EasyAlpha Architect, 2015
Blog
Alpha Architect - Academic Insights & Research Blog