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RILYM - Did 'What Works On Wall Street' Stop Working?
B. Riley Financial Inc. 6.375% Senior Notes due 2025
I tested James O'Shaughnessy's two most favored investment strategies from the fourth edition of What Works on Wall Street over the post-publication (2010-2021) period.
I hazard some reasons why one of them failed during that period and suggest some improvements.
I conclude with some assessments of the good and bad points of O'Shaughnessy's book, and list a few stocks chosen by the improved version of O'Shaughnessy's strategy.