Looking at causation for investment performance is typically done through various factors. Price-to-book-value, for instance, is a method to determine a stock’s value based on core asset values. While this performance driver has been “the worst factor in Europe over the last 10 years,” that could be changing, a Morgan Stanley report points out. Considering European value versus growth stocks, one of these categories should outperform based on the old-school metric of earnings per share. European value stocks significantly outperformed in December The fourth quarter of 2016 – with a historic US election – was also historic for another reason….
The Trend In European Value Is Just Getting Started, Says Morgan Stanley
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk
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