Ben Graham Was a Quant -- Contents -- Preface -- Introduction: The Birth of the Quant -- Characterizing the Quant -- Active versus Passive Investing -- CHAPTER 1 Desperately Seeking Alpha -- The Beginnings of the Modern Alpha Era -- Important History of Investment Management -- Methods of Alpha Searching -- CHAPTER 2 Risky Business -- Experienced versus Exposed Risk -- The Black Swan: A Minor ELE Event-Are Quants to Blame? -- Active versus Passive Risk -- Other Risk Measures: VAR, C-VAR, and ETL -- Summary -- CHAPTER 3 Beta Is Not "Sharpe" Enough -- Back to Beta -- Beta and Volatility -- The Way to a Better Beta: Introducing the g-Factor -- Tracking Error: The Deviant Differential Measurer -- Summary -- CHAPTER 4 Mr. Graham, I Give You Intelligence -- Fama-French Equation -- The Graham Formula -- Factors for Use in Quant Models -- Momentum: Increasing Investor Interest -- Volatility as a Factor in Alpha Models -- CHAPTER 5 Modeling Pitfalls and Perils -- Data Availability, Look-Ahead, and Survivorship Biases -- Building Models You Can Trust -- Scenario, Out-of-Sample, and Shock Testing -- Data Snooping and Mining -- Statistical Significance and Other Fascinations -- Choosing an Investment Philosophy -- Growth, Value, Quality -- Investment Consultant as Dutch Uncle -- Where Are the Relative Growth Managers? -- CHAPTER 6 Testing the Graham Crackers . . . er, Factors -- The First Tests: Sorting -- Time-Series Plots -- The Next Tests: Scenario Analysis -- CHAPTER 7 Building Models from Factors -- Surviving Factors -- Weighting the Factors -- The Art versus Science of Modeling -- Time Series of Returns -- Other Conditional Information -- The Final Model -- Other Methods of Measuring Performance: Attribution Analysis via Brinson and Risk Decomposition -- Regression of the Graham Factors with Forward Returns -- CHAPTER 8 Building Portfolios from Models.

The Deming Way: Benchmarking Your Portfolio -- Portfolio Construction Issues -- Using an Online Broker: Fidelity, E*Trade, TD Ameritrade, Schwab, Interactive Brokers, and TradeStation -- Working with a Professional Investment Management System: Bloomberg, Clarifi, and FactSet -- CHAPTER 9 Barguments: The Antidementia Bacterium -- The Colossal Nonfailure of Asset Allocation -- The Stock Market as a Class of Systems -- Stochastic Portfolio Theory: An Introduction -- Portfolio Optimization: The Layman's Perspective -- Tax-Efficient Optimization -- Summary -- CHAPTER 10 Past and Future View -- Why Did Global Contagion and Meltdown Occur? -- Fallout of Crises -- The Rise of the Multinational State-Owned Enterprises -- The Emerged Markets -- The Future Quant -- Notes -- Acknowledgments -- About the Author -- Index.