Does systematic value investing really work? – Data driven backtest In December 2010 two friends finished a research paper they called Systematic Value Investing: Does it really work? What they found was really interesting and I asked them if I can write it up to share with you.... > read more
Meet the investor that “really” beats the S&P 500 Did you beat the S&P 500 index over the past four years? I didn’t, BUT I found someone that has. Luckily he agreed to the following interview.... > read more
This combined valuation ranking gives you higher returns - Value Composite One I am sure you know that a simple price to book ratio combined with momentum is a very good ratio to use to earn very high returns after a severe market correction. However in times such as at the end of 2013 and 2014, when the markets were neither very undervalued or overvalued, earning yield and momentum may have been a better way to find high return investment ideas. But by using only earnings yield may lead to you missing attractively priced companies in terms of free cash flow, price to earnings or book value. The answer to this problem...... > read more
Ignore these red flag ratios if you want lower returns As you know in order to become a better investor you have expand your knowledge all the time through reading good research studies and studying other great investors. ... > read more