I was expecting to find that the last decade for Quality was somewhat exceptional, but the reality is that there hasn& #39;t been a single 120-month period over the last 34 years in which Quality didn& #39;t outperform.

"But Quality is expensive," you might retort. Well, history shows that doesn& #39;t mean anything going forward https://twitter.com/lhamtil/status/1212907142921031682">https://twitter.com/lhamtil/s...

For those interested, here are 120-mo rolling excess returns for World Quality, Growth, and Value, for comparison& #39;s sake