“Value is relative to something else,” says Bill Nygren when asked where to find it in today’s market. Manager of the Oakmark Select Fund since 1996, Nygren offers his perspective…
Search Results for: value
Using Amazon Stars to Find Market Stars
…consumer goods. When consumers view certain products favorably, it indicates higher product quality and value which predicts higher cash flows and, in turn, higher stock prices.” Among other things, the…
Looking for Value in Un-Love Small Cap Stocks
Small-cap fund performance has taken a lot of heat lately, and the “small-cap premium” has been called into question. In a recent article for Nasdaq, John Reese, CEO of Validea,…
Avoiding the Value Trap when Shopping for Payout
…investors that high-yielding stocks could be “value traps”. Analysts at Evercore’s ISI Team (a research arm of Evercore Partners, an investment bank and money manager) explain, “Dividend yield as a…
Greenblatt’s Magic + 5 Value Stocks that Make the Cut
Hedge fund manager Joel Greenblatt, author of The Little Book that Beats the Market, uses what he calls a “magic formula” to earn returns that outperform the market. In a…
Australian Hedge Fund Produces 23% Annual Returns by Staying Clear of Commodities
…purchased mostly small-cap (under Australian dollar 1 billion, roughly US$750 million) Australian stocks which they believe are priced way below their intrinsic value. Their strategy is to maintain a limited…
Landing a Hole-In-One with Buffett
…trading below what they consider its intrinsic value. He describes the strategy as one that “takes advantage of the one thing that won’t go away over time, and this is…
Bloomberg Gadfly Kaissar Refutes Conventional Wisdom on Value Investing
…back. Kaissar identified 30 alternating periods of expansion and contraction since 1926 and, during five of them, value beat growth. However, during two expansions (including the current one), value trailed…
5 Utility Stocks with Attractive Company Fundamentals
…has driven up the valuations of the group, utilities may be able to sustain their relative values given the overall demand for shares. Still, given the stretched valuations, consideration of…
Chuck Royce – 4 Decade Small Cap Manager Talks Value's Ultimate Rebound and the Downside of Indexing
…term returns, potentially with less volatility (assuming you are investing in value stocks) compared to other asset classes. Royce points out that value stocks have significantly underperformed growth stocks since…