Quantitative Equity Portfolio Management: An Active Approach to Portfolio Construction and Management Book

Extremely basic treatise of factor investing. pretty much all of the suggestions/processes are either obvious (e.g. standardize using z-scores, use leverage to augment alpha by... drumroll... leveraging your high alpha names) or underdeveloped (model transaction costs as a flat percentage X, sell low-tax positions before high-tax ones). proposals for risk measurements are outdated. definitely not worth reading unless you have absolutely no background in factor investing and/or the priorities when managing a systematic portfolio.