…(from June 2011 to May 2016) versus the 10.5% return of the S&P 500 Value Index fund (an actively managed fund). Through May of this year, however, the S&P 500…
Search Results for: value
Jason Zweig on Why Interest Rates Matter
…the racks with lower discounts. Why? Because it affects the item’s value. On a much more sophisticated level, stock values and interest rates have a similar relationship. In a recent…
Factor Investing is Gaining Appeal
…frontier. We have come to the stage where we’ve transcended asset classes and moved on to factors.” This is not an entirely novel notion— drivers such as “growth” and “value”…
Asness and Arnott Talk Market Timing, Smart Beta and Behavioral Biases
…Chicago. Although they debated various topics, they seemed to agree that value stocks deserve attention when they’re cheap. According to Asness, founder and managing principal at AQR, “Timing the market…
Buy and Hold, Then Hold Some More
…frequently than the S&P. It has also outperformed the other two large-cap value funds that boast as long a history, as well as the four other large-company growth funds. While…
Sam Zell Gives Us The Hard Truths: Growth Realities, Regulations and Interest Rates
…business community to the cost of capital and distorted markets, which is supported by the falling value of global trade. “If something is free, is it valued? Is it appropriately…
Making the Most of Market Anomalies
…2.7% per year since 1926. Value:Value stocks are too often mislabeled as “distressed” companies and are not always more risky because they tend to do best in weak markets. Wall…
Will Value Stocks Ever Be Back in Vogue?
…Chalupnik, head of equities at Nuveen Asset Management, believes it’s too early to declare a value lead much less a victory. He says, “In all previous cycles where value outperformed,…
Greenblatt on Why Passive, not Active, is Best for Most Investors
…value businesses. That’s hard work, and a full time job.” When it comes to selecting active funds, investors are faced with challenges as well. For example, investors need to use…
Margin of Safety: How Misconceptions Could Hurt You
…the application of MOS include: Valuation basis: MOS is often defined as the difference between value and price, but investors estimate value differently, such as: through intrinsic value (in its…