…other times in the market like early 2020. An example of a model run on Validea. Some of the reasons why value stocks tend to perform well out of large…
Search Results for: value
Nir Kaissar on the Value Rebound: When Not If
…value is as wide as it has ever been, Kaissar points out, adding, “there are many ways value can close the gap.” Value businesses may prove that they can compete…
Swedroe on the Battle of Factor Models
…models), like we have in physics.” He adds, “Though models are flawed, that doesn’t mean they’re absent of value.” Swedroe suggests that instead of viewing pricing models as a perfect…
Keeping Your Cool in the Meme Driven Stock Market
…inflated share prices to a level that exceeded intrinsic value. And while it can be tempting to join in when people seem to be making money, the article advises against…
The Basics of Value Investing
…of value in the past decade, the first question to ask isn’t “why does value work?”. The question is “does value work at all?”. I have looked at the arguments…
A Detailed Look At Joel Greenblatt’s Magic Formula Method – A Model that Blends Value & Quality (Ep. 70)
Joel Greenblatt produced exceptional returns as managing partner at Gotham Capital, a New York City-based hedge fund he founded. The firm averaged a remarkable 40 percent annualized return over more…
Vanguard Expects Value Stocks to Emerge from Coma
…valuations of growth stocks, rather than the valuations of value stocks returning to levels seen in prior decades.” Over the next decade, Vanguard reportedly expects average annual value stock growth…
The Other Scarcity Problem for Bitcoin Bulls
…the article notes that as its price climbs (the value of all coins currently in circulation hovers above $600 billion), “there’s a different scarcity problem looming larger.” When the value…
Value is the Main Reason Quants Have Performed Badly
…to value. The team also found that the size factor—which favors small caps— exacerbated underperformance as large-cap tech stocks dominated. But despite the underperformance of both the value and size…
An In Depth Look at Momentum Investing and Trend Following with Jack Vogel (Ep. 69)
There is perhaps no investment factor with more long-term data to support it than momentum. But despite that, its real world usage lags far behind other factors like value. Part…