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Academic Research Doesn't Always Make Grade in Real World

From Fama-French to profitability and momentum, Morningstar's Alex Bryan looks at how academic research performs in investment products.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. There has been no shortage of academic contributions to the investing world finding ways for investors to maximize their returns. I'm here with Alex Bryan, he is our director of passive research here in North America, to look at some of these academic effects that maybe don't translate quite so well into the real world.

Alex, thanks for joining me.