One of the value investor’s greatest tools is patience. Value investing by its very nature is a marathon, not a spirit and this has become increasingly apparent in today’s market. QE and near six-year bull market are two factors that have held value strategies back over the past two, or three years. Following the financial crisis, value immediately outperformed, due to its contrarian nature, but since the market recovery began, returns have deteriorated. Value underperforms Take the Vanguard S&P 500 Value ETF (VOOV) for example. The fund is designed to track the S&P 500 Value Index, an index of companies…
These Are Trying Times For Value Investors
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.