…cites the rebound occurring in Canada’s commodity and energy stocks and the stability of a new government as factors fueling the trend. Citing Validea’s value-based stock screening models, Reese asserts…
Search Results for: value
Piotroski-Inspired Stock Ideas
…explains the stock screening model he developed based on this guru’s book-to-market value centered philosophy. Using this model, Reese identifies the following high-scoring picks: Atwood Oceanics, Inc. (ATW) is an…
Momentum Investing is Back, At Least for Now
…costs associated with momentum investing (typically considered a disadvantage) and, further, that tax efficiencies are about as good as those related to a value strategy. The article notes that although…
Is Value Investing Getting Short-Changed?
A report published last month by investment management firm Research Affiliates, LLC addresses the question of why value investing (a smart-beta strategy using value indicators such as CAPE or price-earnings…
Are the Markets Really Efficient?
…on fundamental analysis—the technique of making bets about companies’ true value by looking at their financial statements.” This has clearly worked for Buffett, who contends that an efficient market simply…
Are Value Investors Really "Valuation" Investors?
Even though there has been a lot of commentary around current high stock valuations against lackluster earnings growth for the S&P 500, it is “neither practical or precise” for an…
Investing Principles Part IV: Buying Stocks That Have Declined in Price
…globally. The concept of value investing lives at the core of our stock screening strategies inspired by gurus Benjamin Graham, David Dreman, John Neff and Warren Buffett (who subscribes to…
Want Private Equity Like Returns? Try a Levered Small Cap Stock Approach.
…he concluded, is mostly a levered small-cap strategy. In fact, Rasmussen found that 95% of leveraged buyouts involved companies with an enterprise value below $1.1 billion. Further, he found that…
Investing Principles Part II: Identifying Value in Earnings
This section of the Tweedy Browne publication What Has Worked In Investing referenced in yesterday’s blog describes the investment approach related to low price in relation to earnings. Legendary value…
Evaluating Portfolio Managers: The Luck Factor
…of Ipsol Capital. In a recent Take 15 interview for Enterprising Investor, Lussier shares his insights about the value of “factor-based benchmarks” when distinguishing effective managers from lucky ones. “Some…