In recent interview with CNBC, author, investor and Columbia University finance professor Joel Greenblatt talked about the challenges faced by value investors. “My students ask the same question,” he said,…
Tag: Value Investing
Investors' Big Bet on GE
A recent article in The Wall Street Journal reports that General Electric Co.’s agreement earlier this month to sell a small but rapidly-growing biotechnology business for $21 billion “provided a…
Value Investing: Has it Gone Out of Style?
An article on the WisdomTree blog reports that the decade ending September 2018 was the “single worst decade in history” for price-book as a factor-sort of the market and asks,…
Five Questions: Value Investing with Wes Gray
By Jack Forehand (@practicalquant) — This is the first interview in our new Five Questions series. Each month, we will take an in depth look at a specific issue in the…
The Underappreciated Role of Luck in Investing
By Justin J. Carbonneau (@jjcarbonneau) — The $1.5 billion Mega Millions jackpot had a lot of people daydreaming about what they would do if they won such a windfall. With…
David Einhorn Favoring Retail Over Tech
In the second quarter, David Einhorn’s Greenlight Capital sold tech stocks in order to buy retail shares, according to a public filing of its holdings as reported in a recent…
Value Investor Channels Buffett
A recent Barron’s article profiles value investor Fred Copper, lead manager of the Columbia Overseas Valuefund, who has learned that the best way to beat his benchmark (the MSCI EAFE…
Could Simple be the New Complex?
By Jack Forehand (@practicalquant) — Since I was twelve years old, I have been very active in competitive sailboat racing. It is a great respite from the world of managing quantitative…
Top Stock Picker on the Hunt for Value
A Barron’s article from July outlines an interview with Charles De Vaulx of International Value Advisers (IVA) in which the fund manager offers insights on various topics related to the…
10 Reasons Why It's Tough to be a True "Intelligent Investor"
By Justin J. Carbonneau (@jjcarbonneau) — Ben Graham’s tome The Intelligent Investor still sells over 100,000 copies a year as investors of all stripes look to learn the value-investing way.…