Hugues Langlois is assistant professor of finance at HEC Paris and a cofounder of IPSOL Capital. Previously he was portfolio manager at Desjardins Asset Management. Jacques Lussier is president of IPSOL Capital. Before, he was chief investment strategist at Desjardins Asset Management. He is the author of Successful Investing is a Process (2012). He presided CFA Society Montreal and is a board member and president of the investment committee of Retraite Québec, the public pension plan.