How Value Investors Can Win With “Ugly Ducklings”

One common theme among value investors is the habit of looking for companies that have been beaten up or fallen out of favor for one reason or another. Many investors prefer to stay out of an investment until things are starting to turn around, although some value investors, like Bob Robotti of Robotti Value Investors, seek to identify these so-called “ugly ducklings” long before they become a swan.

Q2 hedge fund letters, conference, scoops etc

What’s in a value stock?

At the 2019 Ben Graham Conference, Robotti explained when he looks for in value names and discussed his theses for