This article points out an interesting contradiction in the quantitative approach “that the approach exploits inefficiencies, but requires market efficiency to realign prices to generate returns.”
Perhaps the old saying “success is a journey, not a destination” applies…
-Dr. Moore
Why the Quants Aren’t Adding Up
https://www.bloomberg.com/view/articles/2019-01-19/quant-funds-poor-performance-may-not-be-temporary