…also acknowledges that assessing whether value strategies are in trouble depends on how one views value. Specifically, the report says value strategies that choose stocks based on the ratio of…
Search Results for: value
This Bull Market Isn't Happy
…value since March 2009 and October represented the 12th consecutive month that the index registered a positive return (the first time this has happened since 1935), the article says, “Rarely…
The Most Hated (And Most Loved) Investing Factor
…gamut from value to growth to momentum. Our historical testing shows that mean reversion in factors, particularly value factors, can be a very powerful force. The longer and more a…
The Active Versus Passive Debate is Not Binary
…management styles based on value, quality and momentum “have historically beaten the broader market. The problem is that active managers kept the profits for themselves by charging investors absurdly higher…
Where have all the Star Stock Pickers Gone?
…15-year period, according to the S&P SPIVA report. Reasons include; high fees, closest indexing, the second-worst bear market in history clobbering those who took more risk, underperformance of value stocks,…
Most Read Posts on Validea’s Guru Investor
Below are links to our most popular posts for this week on Validea’s Guru Investor blog. [1] Some Thoughts On Improving the Predictive Value of Morningstar’s Ratings [2] Klarman Warns…
The Biggest Failure of the Investment Management Industry
…benefit investors would secure your mansion in Greenwich. Now those mansions are being fire-sold. As it turns out, you actually need to add value to make money for investors –…
Ackman Efforts to Boost Pershing Share Price May Not Work
…that the shares have lost value since. While buybacks are typically intended to boost share value, the article reports that in the case of Pershing, they have “slumped an additional…
Einhorn Says Value Investing Will See Comeback
Value investing is in the doldrums, but billionaire fund manager David Einhorn says that eventually things will turn around. This according to a recent CNBC interview. Einhorn argues that the…
Tech Sector Heavy Hitters: The Only Market Constant is Change
…vs. market value: In the timeless words of market guru Warren Buffett, who inspired one of the stock screening models I created for Validea, “Price is what you pay. Value…