…perspective, the conglomerate has managed to outperform for decades. The article reports that Buffett’s “outperformance relative to the S&P 500 has been especially significant since 1991 and created immense value”…
Search Results for: value
What Quant Value Models Can and Can't Do for You
…teachers of value investing. Another good example is Tim Travis’ talk about his investment and value thesis on Assured Guaranty. This is a good example of how deep value investors…
Great Investors are Philosophers
…on equity.” While it says that investors need expertise in such technicalities, “there is little added value in doing it over and over again or to an ever more sophisticated…
Investors: Consider revenue-weighted ETFs
…It also notes that when these returns are broken down into factors, revenue-based indices “amplified exposure to size and value and reduced the momentum bias relative to the S&P 500….
Trying to Put the Struggles of Value Investing in Context
…you look at the academic research, there are two reasons that are cited for why value works. The first is that value stocks are riskier, and with excess risk comes…
The Essential Guide to Pitching an Investment
…close the price and intrinsic value?” A successful investment pitch requires touching on the portfolio manager’s objective criteria first. Once you have their attention, Sonkin explains, you can address their…
Research Affiliates: Optimal Factor Investing Approach Includes Momentum
…balance between “effectively harvesting the factor premium and implementation costs” was in a portfolio that invested in “roughly a quarter of the investable universe based on six investment factors: value,…
What Would Benjamin Graham Make of Today's Market?
…moods;” Investors must allow a “margin of safety—a cushion of value that comes from thinking in ranges and probabilities rather than believing in exact certainty.” Zweig argues that value investing…
Differences in Value
…the value premium, Larry Swedroe’s article, Deep Dive into the Value Factor, is a great place to start. Value stocks, and more specifically concentrated value portfolios, will have significant deviations…
Perspective: Berkshire's Amazon Stake and Value Investing
…considerations are identical when you buy Amazon versus some bank stock that looks cheap consistently based on book value or earnings.” While Buffett has been public about his regret in…