…called Berkshire hopefuls based on their large-value or large-blend investment styles, fewer than 25 stock positions and annual turnover of less than 50%. But their collective results, he says, “stink,”…
Search Results for: value
Adding Momentum to Your Portfolio
…reluctant to sell stocks that have decreased in value. Instead, they hold onto these shares in the hopes of breaking even or even sell others that have appreciated in value…
Active Investing Showing Signs of Life
…value the ability of managers to distinguish between companies with strong and weak prospects—something many passive funds can’t do. Regarding the source of recent underperformance, Byron Wien, vice chairman of…
Market Shifting Toward Intrinsic Value
…intrinsic value over pure growth. “What you would have had to own over the last seven years,” Lee quips, “this year would have gotten you fired.” Specifically, he says that…
Greenblatt Weighs in on Active Management
…his firm’s disciplined valuation process that uses both absolute and relative value metrics to rank the 2,000 companies in its database, “We stick to it. It works over time.” According…
Benjamin Graham Inspired Picks
In his book The Intelligent Investor, the “Father of Value Investing” (and Warren Buffett’s mentor) drives home the importance of evaluating a business’s fundamentals before investing. In a recent article…
ETF Due Diligence: What to Look For
…There’s been a huge push to sell investors “smart beta” ETFs (managed based on factors such as value, volatility, momentum, etc.). While not necessarily bad, these funds are not “magic…
The Monster of Uncertainty
…the example of value vs. growth stocks, and how “virtually everyone nods their head in agreement with the statement, ‘value stocks outperform growth stocks.’” He argues, however, that there is…
Some Shiny Apple Suppliers
…liquid crystal display, organic light-emitting diode and other display panel technologies. EPS growth and a moderate price-sales ratio indicate a value opportunity, and strong operating cash flow relative to net…
How Could Rising Rates Affect Small-Cap Stocks?
…once rates actually move up, they could recognize the relative value these stocks offer compared to the rest of the market. He concludes by suggesting that contrarian investors taking a…