BoA: Short Crowded Stocks

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Rupert Hargreaves
Published on

The start of a new year always brings a deluge of tips from Wall Street analysts trying to pick the winners for the year ahead. Bank of America’s team of quant strategists, led by Savita Subramanian believe that the best strategy, based on past results, is to avoid the most crowded stocks and increase exposure to underweight equities. According to a recent report on the topic, since 2009 the ten most overweight stocks have lagged the ten most underweight stocks on average by 57 basis points and 117 bps during the first 15 and 30 calendar days of the year, respectively….

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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