An article in Morningstar outlines a discussion with global equity manager Peter Wilmshurst regarding how his team chooses strong value stocks within an increasingly expensive global environment. Wilmshurst says, “I…
Tag: Value Stocks
Greenblatt Mixes Active and Passive in One Fund
An article in Barron’s profiles the evolution of the Gotham index Plus fund, which was created by Gotham Asset Management founder Joel Greenblatt in an effort to “marry the steadiness…
The Benefits of the Other Side
By Jack Forehand (@practicalquant) — Polarization has become the new thing. Everyone seems to have such strong opinions one way or the other on every issue that they just can’t see…
How Long is Long Term in Investing?
By Justin J. Carbonneau (@jjcarbonneau) — As investors, we are taught to try and think long term. The story goes something like this — invest in stocks, stay disciplined and…
Are Value Stocks Poised for Growth?
Value investing has fallen on tough times, and is “getting tiresome even for those famous for their patience,” according to a recent Barron’s article. On the face of it, value…
Some Ideas for Investing in a Low Return Environment
There is a very strong likelihood that returns for investors over the next decade will be significantly lower than what we have seen in the past ten years. With the…
Aiming for Private Equity-Like Returns Using a Small Cap Value Quant Strategy
By Justin J. Carbonneau (@jjcarbonneau) — “I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt,…
The Case for Value Stocks
By Jack Forehand, CFA (@practicalquant) — Value stocks have lost their mojo. After an extended period from 2000 to 2007 where they outperformed growth stocks by a wide margin, they…
The Realities of Mean Reversion
By Jack Forehand, CFA (@practicalquant) “Importantly, reversion to the mean in the investment business extends well beyond the results for mutual funds. It applies to classifications within the market (small…
Value Stock Outperformance Could be Temporary
The recent outperformance of value shares over growth, according to an article in The Wall Street Journal, will be a short-lived trend. The rise in bank stocks and dip in…