@article {Bogle1, author = {John C. Bogle and Michael W. Nolan, Jr}, editor = {Picchi, Aimee}, title = {Practical Applications of Occam{\textquoteright}s Razor Redux}, volume = {3}, number = {4}, pages = {1--5}, year = {2016}, doi = {10.3905/pa.2016.3.4.151}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Occam{\textquoteright}s Razor Redux: Establishing Reasonable Expectations for Financial Market Returns John C Bogle Michael W Nolan Jr In 1991, when legendary Vanguard Group Founder Jack Bogle introduced his {\textquotedblleft}simple,{\textquotedblright} three-factor approach to predicting equity returns{\textemdash} Investing in the 1990s {\textemdash}he wrote, {\textquotedblleft}Its accuracy remains only to be demonstrated, and time will tell.{\textquotedblright}Twenty-five years later, Bogle and co-author Michael Nolan, Jr., Senior Investment Analyst at Vanguard{\textquoteright}s Bogle Financial Markets Research Center , revisited the original research.Bogle{\textquoteright}s revisit{\textemdash}and his outlook for the next decade{\textemdash}has drawn coverage from The Wall Street Journal , Business Insider , and other business publications, with The Wall Street Journal{\textquoteright}s Jason Zweig advising readers to emulate Bogle{\textquoteright}s approach and long-term view.TOPICS: Factor-based models, simulations}, issn = {2329-0196}, URL = {https://pa.pm-research.com/content/3/4/1.9}, eprint = {https://pa.pm-research.com/content/3/4/1.9.full.pdf}, journal = {Practical Applications} }