…become. The legendary investor, he points out, has long warned that “size is the enemy of excellence” adding that, for Berkshire, “even a $10 billion deal that doubles in value…
Search Results for: value
Why Both Sides of the Active vs. Passive Debate Are Right
…points out, factor-based portfolios built using factors like Value, Momentum, or Shareholder Yield have beaten the market by between 2% and 4% per year over the long-term. Even if you…
Housel Lists Factors That Can Kill Competitive Advantage
More than 40% of all public companies go on to lose effectively all their value,” writes Morgan Housel in a recent article for the Collaborative Fund. Housel uses the example…
Warren Buffett is the Best Stock Picker
…margin, even after factoring in profitability and value premiums. “The per-share market value of Berkshire has returned 20.9 percent annually from October 1964 through 2017, according to the company,” he…
Market Insights from Howard "Jay" Bowen
…says, “seems determined to end the negative real fed-funds rate regime” and will “focus more on market prices like commodities and the foreign-exchange value of the dollar to gauge its…
Some Ideas for Investing in a Low Return Environment
…and growth multiples. But we are currently in the midst of one of the longest periods of value stock underperformance in history, and value stocks look very cheap relative to…
Mauboussin Offers Insights on Active Management
…Credit Suisse): Mauboussin underscores two risks inherent in value investing: (1) buying a cheap stock that “deserves to be even cheaper”—a value trap; or (2) “shunning a statistically expensive stock…
The Misconceptions About Bubbles
…consider the late 90s stock market bubble. It was driven by large growth companies, but small-cap value names did not participate for the most part. And when the bubble popped,…
Bull Market Could End by 2019, Says Guggenheim's Minerd
…rates into “restrictive territory” Flattening yield curve “We like Europe because of the solid growth,” says Minerd. Active fund managers can add value, says Minerd, by being able to rotate…
Most Read Posts on Validea’s Guru Investor
…Using a Small Cap Value Quant Strategy [3] A Tale of Two Small-Cap Indexes [4] Hulbert: This Timing Model Says Bull Market Has Peaked ——- Photo: Copyright: arcady31 / 123RF…