…dividend-paying stocks tend to follow the fortunes of value stocks. Growth companies tend to invest more of their cash flow into their businesses, whereas value companies are often more mature…
Search Results for: value
Re-defining Value
…a value investor relying on price-to-book, which is the traditional measure of value and defining trait of the Russell 1000 Value Index, would not have reaped the gains that one…
Profitably Switching In and Out of Small-Cap Stocks
…in dispersion of earnings estimates); and expectations for economic growth (measured by treasury yields). As stated in Barron’s, small-caps should outperform “when small companies represent a good value and when…
AQR Tests Market Timing Techniques, Helping to Boost Long Term Returns
…the market in moderation. The article cautions against extremes, but moderately applying the value-plus-momentum strategy to an equity strategy yielded a “1.2 percentage point increase annually over a buy-and-hold portfolio”…
When It Comes To Growth Or Value, Have Your Cake And Eat It Too
…and Mail. “That’s because the great growth versus value debate is, in fact, a false choice. … Confining yourself to either value stocks or growth stocks is only limiting your…
Two Types of Investing Inside Baupost, One of the World's Most Successful Funds
A letter by Brian Spector of Baupost, encouraged and endorsed by the firm’s iconic value-investing president Seth Klarman, gives a rare inside look at this secretive investment firm. As Business…
The “Art of Successful Investing” with Schafer, Gundlach, Ketterer (Part II)
…a reason to view the company optimistically. Jeffrey Gundlach, founder of Doubleline Capital, discusses potential value in market pockets. For example, of Puerto Rican general obligation bonds he says, “Bondholders…
The "Art of Successful Investing" with Zulauf, Black, Herro & Priest (Part I)
…devalue its currency by 10% to 15% in the next 12 months.” His advice? “Next year, when a global bear hits, you’ll want to be as defensive and cautious as…
Top Manager Borrowing From the Peter Lynch Playbook
…is like no other time in the history of that company, because they need me more than I need them.” Overall, Sullivan says, “whether it’s a value name or a…
Value Portfolio, Meet Big Mo'
…polar opposites, value and momentum are really two separate concepts. Value metrics give you a snapshot of what a stock’s valuation is at a given time, regardless of whether the…