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Can a factor-based strategy emulate styles of Buffett and Soros?

Link: Can a factor-based strategy emulate styles of Buffett and Soros?

Extract: The report, titled Alternative Thinking: Superstar Investors, was produced by AQR Capital Management, the program-driven investment firm. The researchers compared returns for superstar investors to portfolios it constructed with a small set of buy and sell signals that tracked the investing styles of Mr. Buffett, Mr. Soros and others. It managed to get results that were pretty close to the real thing. The conclusion of AQR’s research is investors don’t have to pick exactly the same stocks as the masters to generate benchmark-beating returns.