Case: Martingale Asset Management

https://drive.google.com/file/d/1t0R9Jw7OAtoPzeq8vyfPRsex9NObIg-M/view?usp=sharing

1. What is Martingale's investment philosophy? What is their view on market efficiency? 2. How does Martingale select stocks? What signals are incorporated? 3. What are short extension funds? How does Martingale use them? Are they costly to implement? 4. What is the risk anomaly in Equities? What are the implications for market efficiency? 5. Describe typical performance characteristics of minimum variance portfolios. How do they compare to the benchmark portfolios? 6. What is a back-test? How did asset managers use them? What is data mining? 7. Any other interesting insights/thoughts/opinions that you may have. Think outside the box. Use data/information/ideas that are not in the case, from other sources (cite your sources).