There are no hard-and-fast rules for determining whether value or growth stocks will suffer the most during a bear market, writes Morningstar senior analyst and CFA Kevin McDevitt. “No two…
Search Results for: value
Valuations Matter in Factor Strategies
…from 1967 through March 2016, the Research Affiliates team discovered an inverse relationship between valuations and future performance for certain factors. For example, they found that as value stocks become…
Investing Lessons from 2016 that Ben Graham May Give a Nod To
…in value stocks. At the end date of the chart in 2015, the recent value rebound had not begun, but even after the 2016 rebound, value still looks good relative…
Investing Like Buffett and Soros Could be Within Reach
…the real thing.” This is reflected in a surge in the interest around quantitative strategies and exchange-traded funds, “an easy way for investors to track specific styles such as value,…
Swensen's Yale Endowment Model Not a One Size Fits all Investing Approach
…and venture capital—using external managers to capture the so-called illiquidity premium.” It was a good move for Yale, adding $7 billion of value and earning a 12.9% annual return over…
Buffett Could Benefit Big with Trump
…35% to either 25% or 15% would reduce the company’s deferred tax liability, according to Barclays analyst Jay Gelb, and boost the book value of Berkshire Hathaway ($163.78 billion at…
U.S. Stocks Show Increased Global Footprint
…Wall Street Journal. FactSet data reflect the market capitalization of U.S. stocks at approximately $25 trillion last Friday, a figure that represents 40% of the value of global equities, the…
Sectors are Decoupling After Election
…the new administration. According to WSJ, the correlation between growth and value stocks has also decreased since election day. “A Republican sweep…has boosted the inflation outlook, pushing investors into value…
Howard Marks on the Post-Election Markets
…inflation because it “pumps up profits,” Marks wrote, adding that bond investors dislike it because it raises interest rates and lowers the value of the bonds they hold. “But,” he…
Grantham: Current Market is an "Anti-Bubble"
…therefore is closer to an anti-bubble than a bubble. In every sense, that is, except one: Traditional measures of value score this market as extremely overpriced by historical standards.” …