By Jack Forehand, CFA (@practicalquant) It would be an understatement to say that the last decade has been a challenging one for value investors. The problems were initially isolated to…
Tag: Value Stocks
The Importance of Expectations in Investing (Ep. 63)
There is a common misconception that a good company is always a good investment. But that sometimes isn’t the case. The reason for that comes down to the role that…
Value Bulls Were Hoping for Democratic Sweep
Value stock bulls argue that a blue wave would lead to “a massive stimulus package to rev up the economy and spur inflation,” setting the stage for a rally in…
Value Stocks and Why You’re Not Getting a Premium
A recent MarketWatch article outlines some reasons why investors are abandoning value investing, and offers insights on why they shouldn’t. “The long-term case for value stocks is easy to make,”…
Value Stocks and Why You’re Not Getting a Premium
A recent MarketWatch article outlines some reasons why investors are abandoning value investing, and offers insights on why they shouldn’t. “The long-term case for value stocks is easy to make,”…
A Robot Bought Amazon When Trying to Fix Value Investing
A South Korean money manager said its artificial intelligence-augmented value strategy would return 13% annually and “revive” the value factor. But a recent Bloomberg article says that value traditionalists “will…
Why the Nightmare Continues for ‘Value’ Investors
New research by two professors at New York University and the University of Calgary suggests that we’re calculating “value” incorrectly, according to a recent article in MarketWatch. The researchers claim…
Excess Returns, Ep. 38: Four Reasons Value Investing Might Not be Dead Yet
Value investors have fallen on difficult times in the most recent decade. Value’s extended underperformance has led many to question whether the strategy still works or if it is broken…
Why You Should Give Value a Chance
A recent article in Forbes encourages value investors not to give up: “In fact,” it says, “this might be a really good time to reexamine your portfolio and add some…
The Value Investing Strategy in Recessions and Recoveries
A recent paper by Research Affiliates highlights parallels among six bear markets in the U.S. that were accompanied by recessions to “improve our understanding of their unique risks and opportunities.”…