Factor Investing Portfolio123 Verified

Systematic investing, mastered.

Build real, factor-driven investment strategies with structured coaching and quantitative consulting — powered by Portfolio123 tools and workflows.

Carlos Morales

Carlos Morales

Quant · Factor Investing Coach · Consultant

P123-Verified Coach

Two Ways to Work Together

Whether you're learning to build strategies or need institutional-grade quantitative support, Quant Solvings has you covered.

Coaching Program

A structured, multi-level curriculum that takes you from factor investing fundamentals to advanced ML-driven strategies — all inside Portfolio123. 1:1 sessions tailored to your pace and goals.

Quantitative Consulting

Working with institutional investors and ultra-high-net-worth individuals to develop custom quantitative tools, risk models, and systematic investment frameworks tailored to their specific technical challenges.

Choose the Level That Matches Your Experience

Start where you are. Leave with a clear, repeatable workflow you can run live and improve over time.

Beginner

Build your first live strategy
8 hrs
€125/hr

Master the basics of factors, universes, ranking systems, and going live.

  • Understand factor families and why they work
  • Explore factors inside P123 with practical workflows
  • Build a universe, run OOS checks, and create a robust ranking system
  • Launch a strategy live and learn risk management basics
€1,000
€800 if paid up front

Intermediate

Become a risk master
8 hrs
€185/hr

Turn a working strategy into something you can trust under real conditions.

  • Reduce concentration and add portfolio guardrails
  • Run robustness checks and spot overfitting
  • Build long-short frameworks with exposure control
  • Design macro indicators and antifragile strategy sleeves
€1,480
€1,184 if paid up front

Advanced

ML & AI for markets
8 hrs
€250/hr

Rigorous validation, explainability, stress testing, and live operations.

  • Bias-variance, generalization, and what real edge looks like
  • Feature engineering, redundancy control, and walk-forward validation
  • Stress tests by regime, liquidity, and noise
  • Live monitoring, drift detection, and retraining policy
€2,000
€1,600 if paid up front

How the Coaching Program Works

Four simple steps from first contact to running your own systematic strategies.

01

Free Intro Call

We assess your experience level, discuss your goals, and find the right coaching tier for you.

02

Structured Curriculum

Follow a step-by-step path with 1:1 video sessions, practical exercises, and research materials.

03

Build & Validate

Construct real strategies inside Portfolio123 with proper backtesting, OOS validation, and risk controls.

04

Go Live

Launch your strategy with confidence — and continue improving with a clear, repeatable workflow.

What Clients Say

Real feedback from investors who have worked with Carlos.

Meet Carlos Morales

Quantitative researcher, systematic trader, and founder of Quant Solvings.

Carlos holds a Master's in Stock Market and Financial Markets from IEB and has built his career at the intersection of quantitative finance, factor investing, and systematic strategy design. He has worked on financial research including profitability, liquidity, solvency, and asset management analysis, as well as quantitative model development for institutional decision-making processes.

As the founder of Quant Solvings, Carlos works with retail and institutional investors to develop robust, factor-driven investment systems on Portfolio123. He is also a verified P123 coach and an active contributor to the quantitative investing community, known for combining deep technical knowledge with a practical, results-oriented approach.

Beyond coaching, Carlos works with institutional investors and ultra-high-net-worth individuals on the development of custom quantitative tools, risk frameworks, and systematic investment models. All services are educational and technical in nature — Quant Solvings does not provide regulated financial advice.

40+
Clients served
P123
Verified Coach
IEB
Master's Degree
QS
Founder

Real Results, Real Money

Verified performance from live brokerage accounts running systematic factor strategies built on Portfolio123.

2024 Performance
Year 2024
+115.23%
Total return — Interactive Brokers
2025 Performance
Year 2025
+41.78%
Total return — Interactive Brokers

Past performance is not indicative of future results. These figures represent returns from live brokerage accounts and are shown for informational and educational purposes only. They do not constitute investment advice or a guarantee of similar outcomes.

Published Research

Original quantitative research on factor investing, portfolio construction, and systematic strategies.

Working Paper · 2026

Don't Mix What Should Be Separated: Why Combining Value and Momentum Signals Destroys Alpha

Carlos Morales

This paper compares two approaches to combining value and momentum factors in U.S. equities: integrated ranking versus separate sleeves. Using long/short dollar-neutral portfolios over 2000–2026, the study finds that maintaining independent factor portfolios delivers superior risk-adjusted returns (Sharpe 0.168 vs 0.157), substantially lower drawdowns (−17.5% vs −26.6%), and outperforms by 52 basis points annualized when volatility-matched — driven by preserving the negative correlation between the two factors.

Read Paper (PDF)
Working Paper · 2024

Factor Timing: Dynamic Portfolio Allocation via Machine Learning

Carlos Morales

This paper explores the application of multinomial logistic regression for dynamic factor timing across Size, Value, Momentum, Quality, and Low Volatility factors. Using macroeconomic, sentiment, momentum, and valuation indicators with backward selection, the model dynamically adjusts portfolio weights based on predicted relative factor performance. Out-of-sample results show the Hierarchical Portfolio achieves a Sharpe ratio of 0.74 and 13.51% annual return, outperforming both equal-weighted (0.67) and Sharpe-optimized (0.68) static benchmarks.

Read Paper (PDF)

Frequently Asked Questions

How much time per week is required?

Typically 1 to 3 sessions per week depending on your schedule and goals.

Will there be homework?

Yes. After every session you will receive assignments so you can apply what you learned.

Do I need prior investing experience?

You should know basic fundamentals like balance sheets and P&L statements.

Do I need a paid Portfolio123 plan?

Recommended: Backtest plan for beginner, Portfolio for intermediate, and Ultimate + AI for advanced.

Can I apply strategies to my brokerage?

Yes. You can trade manually or connect strategies directly to your brokerage account.

Is this a Portfolio123 onboarding call?

No. This is investing coaching focused on building and improving strategies, not platform onboarding.

Cancellation & Rescheduling Policy

To ensure a smooth and respectful coaching experience for all clients, the following policy applies to all coaching sessions.

Cancellations & Refunds

Coaching sessions may be cancelled and refunded only if the cancellation is made at least 24 hours before the first scheduled coaching session. Cancellations made less than 24 hours in advance are non-refundable.

No-Shows

If a client does not attend a scheduled coaching session without prior notice, the session will be considered delivered and fully charged.

Rescheduling

Sessions may be rescheduled at no additional cost provided that notice is given at least 2 hours before the scheduled session time. Rescheduling requests made with less than 2 hours' notice may be treated as a no-show.

Exceptional Circumstances

In the event of unforeseen emergencies or exceptional circumstances, please contact me as soon as possible. Such cases will be reviewed on a discretionary basis.

By booking a coaching session, you acknowledge and agree to this cancellation and rescheduling policy.

Start Building Smarter Strategies

Book a free introduction call to confirm fit, pick your level, and map your first session.

Schedule a Free Intro Call