Tag: value investors

Insider Buying & S&P Intrinsic Value

Insider Buying & S&P Intrinsic Value

Insider Buying & S&P Intrinsic Value The $SPY is ~90 pts below intrinsic value…. “Davidson” submits: Corporate insiders in general have a better sense of when their share prices are undervalued  relative to future business prospects. The chart at openinsider.com […]

Value Investors On The Same Mission As Activists?

Value Investors On The Same Mission As Activists?

When you think about usually mild-mannered value investors, your initial reaction is probably that they are nothing like activists. Value investors typically don’t make a public spectacle of their investments, while many activist investors (although not all) turn their investments […]

What Knowledge Matters?

What Knowledge Matters?

What Knowledge Matters? by Tom Macpherson, Dorfman Value Investments In 1888, a Harvard professor in biology gave a speech at the Lowell Foundation about the abilities of species to survive and thrive in a constantly evolving environment. During that speech […]

Why Value Investors Underperform [Slides]

Why Value Investors Underperform [Slides]

Why Value Investors Underperform by Jason Hsu, Research Affiliates Style Premia Are Not Constant Over Time Time Varying Style Premium Why Do Return Premia Vary Over Time? How much money can we put to work before return “premiums” are substantially […]