…Street Journal. Since it has written down the portfolio’s value by more than 10% last year, the university—once the “envy of the endowment world” according to the article– is “reworking”…
Search Results for: value
Indexing Beats Smart-Beta Track Record
Many smart-beta funds– which develop portfolios focusing on various factors such as low volatility, value, or momentum– have underperformed the market, especially after accounting for fees and expenses. This according…
Jack Bogle Shares Thoughts on Professional and Business Values—Part 4
…values and business values in the world of investing and finance. This is the fourth installment of a five-part series outlining highlights of the essay. Bogle outlines “characteristics and attitudes”…
FPA's Steven Romick Lists Habits of Successful Investors
Short-term market price movement does not tell us anything about long-term value, according to Steven Romick, managing partner with investment firm FPA. A recent Barron’s article offers an excerpt from…
Specialization Key to Becoming a Successful Value Investor
…for value.” However, he argues, this becomes tougher as more investors join the search. For this reason, he says, some long-term value investors believe specialization is the best approach. He…
John Bogle on the Balance Between Professional and Business Values in Investing—Part 1
…values and business values in the world of investing and finance. This is the first installment of a five-part series providing highlights of the essay. Bogle cites a 2005 article…
Study Raises Questions About Factor Significance
…factors passed muster–value momentum, investment and quality—although to a lesser extent than previous studies show. “A lot depends on exactly how the factors are implemented,” the article says. …
Four Cybersecurity Sector Picks
…business’s expectations regarding what might happen. “This isn’t unlike the world of investing,” he says, because “expectations are often what drive investor behavior and, subsequently, shifts in share value.” Reese…
Value Investors Must Accept Stretches of Underperformance
…investors, the article says. Both Israel and Watts argued that combining other factors with a value approach can “prevent investors from falling into value traps.” According to Research Affiliates’ John…
Fundamental-Based Investing and Five Stock Picks
…others fear: Similar to Buffett’s penchant for buying when there is “blood on the street and value in the market,” writes Reese. Be indispensable: Reese compares this to Buffett and…