PT  - JOURNAL ARTICLE
AU  - Andrew L. Berkin
AU  - Larry E. Swedroe
TI  - Is Investing a Science?
AID  - 10.3905/joi.2015.24.3.039
DP  - 2015 Aug 31
TA  - The Journal of Investing
PG  - 39--45
VI  - 24
IP  - 3
4099  - https://pm-research.com/content/24/3/39.short
4100  - https://pm-research.com/content/24/3/39.full
AB  - Although investors seek greater certainty in their results, investment returns can fluctuate dramatically. To help increase investors’ confidence that their strategy will achieve their goals, investors should consider utilizing the scientific method. We first describe the scientific method and then discuss its applications to investing, providing an explicit example with value investing. Finally, we discuss how to reduce uncertainty, giving similarities and differences between science and investing.TOPICS: Fundamental equity analysis, portfolio theory, portfolio construction