…roughly 20% more expensive than other stocks. Arnott notes that, in the case of a smart beta fund based on low-volatility stocks, “all the value they’ve added comes from getting…
Search Results for: value
Historical Data Suggests Value Strategies Set Up for Big Time Comeback
…largely on an assessment of past market cycles. They note that although value yields superior returns long term, in six distinct periods since World War II “growth outperformed value on…
GMO's James Montier on Fed-Induced Bubbles, Alpha, and More
…noted the opportunity for value investors when such reassessment occurs. Montier also attacked the idea proffered by Larry Swedroe that markets are now more efficient and, therefore, passive portfolios…
Hulbert: Stay in Equities Through a Bear Market
…some really good values in some really great companies.” Hulbert notes that the top performers share “a bias toward value stocks,” which “historically have lost less money during bear markets”…
Value Investor Bill Miller Sees Opportunity in Low Stock Prices
Bill Miller of Legg Mason, a value investor with a strong record, told CNBC’s “Squawk Box” that it is “sort of hard to see why anyone would buy a 10-year…
Ackman's Argues the Ill Effect of Index Funds on the Market
…the market price with no view of their own on valuation; in exchange, though, they push valuations away from fundamentals and give the fundamental investors more opportunities to find value.”…
Murky Outlook Suggests Selecting Value Stocks Says Dreman
David Dreman of Dreman Value Management says, “the outlook for the market couldn’t be murkier” in a Forbes column. He notes that corporate revenues and profits for the S&P 500…
Picks From Tom Forester, A Manager Who Made a Profit in 2008
…for Pfizer because “he thinks its middle-of-the-pack multiple (14 times earnings) could expand a bit.” General Motors represents a “red light” despite its apparent value attractiveness because of problems with…
Top Hedge Fund Wins by Controlling Risk and Seeing the Big Picture
…“the collapse of energy prices, the value in innovative original equipment manufacturers, and e-commerce’s systemic threat to bricks-and-mortar retailers.” Sandler notes, “our 15-person team of analysts and traders have done…
Technical Analysis – Holy Grail, Fools Game or Somewhere In-between?
…value.” Further, Ralph Acampora, co-founder of the Market Technicians Association, explains: “It’s naïve to think that because you know what a company is doing you know what its stock is…