Archive for July 2026

To the untrained eye, long-term market trends look static—an unbroken stream of compounding wealth that smoothly marches toward historical averages. But beneath the surface of the benchmark numbers lies a dynamic, highly cyclical tug-of-war between two fundamentally different ways of owning equities: market-capitalization weighting and factor-based quantitative discipline. Since 2000, the Investoristics 10—our high-conviction, concentrated…

For decades, the standard advice for long-term investors has been to simply “buy the index.” The logic is that market-cap weighting is the most efficient way to capture growth. However, this approach contains a structural vulnerability: it forces you to over-allocate to the most expensive, high-beta stocks in the market simply because they are the…