…Instead of focusing on market cap, Reese argues the benefits of fundamental-weighted indexes that look at metrics such as book value, dividends and other characteristics. “I think the key is…
Search Results for: value
Liquidity Concerns Increasing for Fairholme Fund
…exodus that is raising liquidity concerns. This according to a recent article in The Wall Street Journal. Morningstar estimates show the large-cap value fund has “shed assets every month since…
Stock Picks for the Level-Headed Investor
When buying stocks, it is essential for investors to value process over outcome, says guru James O’Shaughnessy during a recent speaking engagement. This according to a recent Nasdaq article by…
The Permanent Portfolio’s Choppy Growth History
…contemplating a return. For the ten years ending in March, the article states, the fund has gained an average of 4.7% per year. “Investors still see value in equities, but…
Factor Investing Can Keep Active Management Relevant
…the past several decades showing that certain factors can help securities outperform; market, low volatility, value, size, momentum, term and credit. “Studies show that factor exposure is responsible for the…
Small-Cap Picks for the Long-Term
…small-cap companies might be pushed out to 2018, but “there could still be relative value to be realized.” The prudent investor, however, will evaluate these stocks on a case-by-case basis,…
Ritholtz Says Stock-Picking is Still Alive if Not Kicking
…suggest that much of active investing performance is attributable to factor-based strategies (picking stocks based on things like market cap, profitability, value, etc.), but index investing offers a cheaper way…
Book Value - A Buffett Favorite, But Far From Perfect
Article Summary Warren Buffett reports Berkshire’s book value in Berkshire’s Annual Letter, but Buffett admits it is not perfect in determining the value of a firm. The price-to-book ratio is…
European Stocks Look Appealing Compared to U.S. Shares
…on price-book value.” Overseas equity funds, however, are not experiencing large inflows according to data provider EFPR—a mere $245 million compared to $32 billion for U.S. stocks. Political uncertainty may…
Asness versus Arnott: The Factor Timing Debate Continues
…in Institutional Investor. Asness’ issue, the article says, is with Arnott’s contention that risk premia factors such as value, momentum, growth and volatility have become “overvalued as a result of…