…tech holdings (it owned Facebook and Amazon as of their IPO dates) do not fly in the face of his value investing philosophy, says Miller. Miller says the degree to…
Search Results for: investing greats
Excess Returns, Ep. 35: Finding Diamonds in the Rough Among Growth Stocks
Buying expensive stocks has historically been a terrible investing strategy. On average, expensive stocks significantly underperform the market as a whole over time. But despite the poor performance of the…
Buffett’s Ties that Bind: Eight Timeless Contributions
…stock market and corporate America over time.” Keeping Emotions at Bay: Buffett is steadfast in his messaging that successful investing requires “a sound intellectual framework for making decisions and the…
When Fundamentals Don’t Matter
…to understand what we have missed. This article is my attempt to do that and to look at the factors that have led fundamental-based investing to be far less effective…
“Godfather” of Smart Beta Talks Emerging Markets and “Maverick Risk”
In a June episode of the Bloomberg What Goes Up podcast, Research Affiliates founder Rob Arnott discusses smart beta investing and, specifically, his views on investing in emerging markets value…
Eight Timeless Buffett Contributions That Go Beyond Returns & Bind Shareholders
…the last ten years. In this article, I’ve tried to capture some of the reasons why this might be. I’m calling these “contributions” because I think these are investing ideas…
What the Active vs. Passive Debate is Missing
…and passive investors cite performance statistics to support their investing style, fund underperformance “doesn’t mean picking funds is an impossible or meritless endeavor. It just means it’s hard.” What are…
Excess Returns, Ep. 33: Active Value Investing in a Changing World with Vitaliy Katsenelson
…often find we learn the most from investors who use very different approaches than we do. As a discretionary value investor and long-term student of value investing, Vitaliy provides us…
The Value Investing Strategy in Recessions and Recoveries
A recent paper by Research Affiliates highlights parallels among six bear markets in the U.S. that were accompanied by recessions to “improve our understanding of their unique risks and opportunities.”…
Morningstar: Value Investors Facing a “Great Opportunity”
…at the moment mean the more powerful that will be.” Kemp contends that traditional value investing is not dead: “I would take the contrarian view and say that I have…