Value investing is dead according to a new report from Goldman Sachs’ Portfolio Strategy Research Team headed by Ben Snider. In a research report issued earlier this week, Snider and team claim that over the past decade the value factor has suffered a cumulative 15% loss, declining in six of the last ten years. This dire performance has certainly proved to be a large black mark on the factor’s long term performance. From 1940 to 2007 the value factor pioneered by Eugene Fama and Kenneth French posted an average annual long/short return of 5%, making it the best performing investment strategy…
Goldman Sachs: Value Investing Is Dead
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
Comments are closed.