…too expensive and cheap stocks getting too cheap.” This, he argues, could lead to a value rebound. “You get to a point,” he says, “where you have a value gap…
Search Results for: value
The Dangers of Data
…I would rather pay less for a dollar of sales or earnings or book value than more. So I will just pick a group of value stocks and I should…
Microcap Fund Shows Big Gains
…a market value of $100 million to $1.5billion” and targets those that he and co-manager Kenneth Korngiebel think are tomorrow’s “greatest growth companies.” Over the past year, the fund returned…
The Two Most Important Investing Decisions
…that do decide to be active, there are a variety of decisions that come along with that. For example, whether to invest in value or growth, and which manager to…
The Value of Cash and the Gurus
…gurus we follow on Validea look at cash as part of their assessment of the overall value of a business. In this article, I will take a look at how…
Systematic Selling Helps Keep Emotions In Check
…to the focus of each strategy. The Piotroski-inspired strategy, for example, is a deep value approach that targets stocks with book-to-market ratios (the opposite of the price-to-book ratio) in the…
GMO: Don't Blame Pricey Market Solely on Tech
…green line in the above graph represents a possible long-term, sector-weighted value multiple of the S&P 500 (19.6), the paper suggests that while some of the elevated market P/E is…
The Truth About Stock Market Anomalies
…generic low-cost broad-based index funds.” Two strategies that “held up” in the research were value and momentum, and simpler momentum strategies performed better than more complex approaches (such as those…
Insights from Fidelity's Veteran "Low-Price" Fund Manager
…to intrinsic value which, he adds, “is how I have always run the fund.” Here are some interview highlights: Tillinghast says that finding low-priced stocks involves determining whether a you…
The Importance of Expectations in Investing
…be correct about it (which is the hard part). That is the reason that value investing works over time. Value stocks tend to all have significant problems in their businesses….