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Quality Factor

"Quality is never an accident. It is always the result of intelligent effort."
- John Ruskin

"It is hard to make a good return over the long term by investing in poor-quality or even average businesses."
- Terry Smith

What is 'Quality' Investing?

Quality investing is a strategy where investors look for companies that have strong and enduring characteristics. These characteristics often include robust financial health, strong management,

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International experience with Quality Investing

Quality investing, as a strategy, focuses on selecting companies that exhibit robust and enduring characteristics, with an aim to achieve stable and consistent returns over the long term. Variou

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Indian Experience with Quality Investing

The performance of quality investing in the Indian market has been explored through various studies, providing insights into its effectiveness and comparison with other investment factors: Qu

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How is 'Quality' Measured?

The below table shows that quality factor commercial indices are not all the same. They have different inputs and methodologies, which often lead to different outcomes.

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Does the Quality Factor work?

The inherent inconsistency in the definition of ‘quality’, make it difficult to gauge the true determinants of the quality premium i.e. the higher excess returns by high quality comp

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Performance of Quality Factor Across Markets: USA,Europe, and India

The performance of the Quality factor across the USA, Europe, and India has demonstrated consistent outperformance against their respective benchmarks, highlighting its effectiveness as a long-t

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NJ's Quality Factor - NJ Quality+ Model

Both intuition and experience with the Quality factor are extremely strong. At the same time, one needs to choose the best parameters to ascertain the presence of quality carefully. The goal is

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Performance of select quality parameters

At NJ AMC, an exhaustive examination of various quality parameters has been undertaken, revealing several robust metrics indicative of a company's financial robustness. Some of these metrics are

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