…too excited about this. We all want to believe it’s time for value again, but our model says to be more cautious—we have increased our weight to value, but we…
Search Results for: value
Oakmark’s Bill Nygren Says Google and Netflix are Value Stocks
A recent Barron’s article shares insights from an interview with the Oakmark Select fund manager and value investor Bill Nygren regarding “the perils of value investing.” Here are highlights from…
Lessons From Our Most Read Five Questions Interviews
…for value still hold, which helps support the case that value is likely not dead. But he also said something that applies to all types of investing and I think…
Excess Returns, Episode 5: The Double Edged Sword of Avoiding Value Traps
…Jack’s article on avoiding value traps Tobias Carlisle’s The Acquirer’s Multiple site and research A talk with Dan Rasmussen Improving the Performance of Deep Value Strategies Focused Value research study…
Arnott: Market Shift Coming in 2020
…so the last five years have been daunting. Value is cheap.” Arnott describes value’s underperformance for more than a decade as “breathtaking” and says it has been driven by several…
The Perils of Market Forecasting
…who does it will also ultimately be proven right at some point. But for these types of predictions to have any value, they need to not only get the timing…
New Link Between Stocks and Bonds reflects Change in Market
…value stocks and bonds—as investors have flocked into the growth factor and out of value, positions have become crowded “in terms of both investors backing growth and betting against value.”…
Should Value Investors Abandon the Strategy Now?
A recent paper by RAFI Indices argues that now is the time to increase allocations to value strategies –specifically, to the RAFI strategy, a value-tilted approach that focuses on disciplined…
Excess Returns, Episode 3: Six Common Misconceptions About Factor-Based Strategies
Factor strategies have grown exponentially in the past decade. Almost every major asset manager now offers their variation of things like value, momentum, quality, and low volatility. But to use…
Star Fund Manager at Loomis Sayles is 86 and Going Strong
…applying stock-market concepts—such as value investing—to bonds.” At the time, most investors avoided bonds that traded below face value, but Fuss contended “they could be profitable investments if one understood…