Of the 15 value screeners at old school value, 14 screeners are beating the S&P and 12 are beating the Russell2000.
At the end of Q1, only 2 screens were outperforming. What a 180% turn of events at the end of Q3.
2013 End of Q3 YTD Performance | Click to Enlarge
In August, Mohnish Pabrai took part in Brown University's Value Investing Speaker Series, answering a series of questions from students. Q3 2021 hedge fund letters, conferences and more One of the topics he covered was the issue of finding cheap equities, a process the value investor has plenty of experience with. Cheap Stocks In the Read More
The screens are ordered in terms of highest performance as of end of Q3.
Featured Screener: Negative Enterprise Value
The Negative Enterprise Value Screener | Click to Enlarge
In July and August of this year, there were two articles written on the CFA blog on the performance of negative enterprise stocks.
- Returns on Negative Enterprise Value Stocks: Money for Nothing?
- Trials and Tribulations of Negative Enterprise Value Investing
To bring you up to speed, a company falls into negative enterprise territory if the stock has so much cash that it exceeds its market cap and debt.
See the full explanation on the negative enterprise screener page.
Here are 2013 list of negative enterprise stocks that are doing so well.
19 Negative Enterprise Stocks
So far, the OSV stock screener strategies are a success this year.
But then again, everything else is.
This post was first published at old school value.
You can read the original blog post here Best Performing Value Stock Screen Achieving 55.8% YTD.