Explaining the Demise of Value Investing

2019 ◽  
Author(s):  
Baruch Itamar Lev ◽  
Anup Srivastava
Keyword(s):  
Value Investing

Enduring Principles of Value Investing

2015 ◽  
Vol 32 (1) ◽  
pp. 39-43
Author(s):  
Charles H. Brandes
Keyword(s):  
Value Investing

Benjamin Graham on Value Investing: Lessons from the Dean of Wall Street (a review)

1996 ◽  
Vol 52 (2) ◽  
pp. 77-79
Author(s):  
Victor F. Morris
Keyword(s):  
Wall Street ◽  
Value Investing

Returns to Value Investing: Fundamentals or Limits to Arbitrage?

2007 ◽  
Author(s):  
Alexsandro Broedel Lopes ◽  
Fernando Caio Galdi
Keyword(s):  
Value Investing ◽  
Limits To Arbitrage

Stumbling on Value Investing

2007 ◽  
Author(s):  
Brandes Institute
Keyword(s):  
Value Investing

Panel Discussion Emphasizes Appeal of Value Investing

2017 ◽  
Author(s):  
Brandes Institute
Keyword(s):  
Panel Discussion ◽  
Value Investing

Replicating Private Equity with Value Investing, Homemade Leverage, and Hold-to-Maturity Accounting

2021 ◽  
Author(s):  
Erik Stafford
Keyword(s):  
Private Equity ◽  
Small Firms ◽  
Publicly Traded ◽  
Investment Performance ◽  
Value Investing ◽  
Equity Funds ◽  
Private Equity Funds ◽  
Asset Selection ◽  
Investment Process ◽  
Stock Portfolio

Abstract The contributions of asset selection and incremental leverage to buyout investment performance are more important than typically assumed or estimated to be. Buyout funds select small firms with distinct value characteristics. Public equities with these characteristics have high risk-adjusted returns relative to common factors. Adding incremental leverage to a publicly traded stock portfolio increases both risks and mean returns in this sample. Direct investments in private equity funds earn lower mean returns than a replicating strategy designed to mimic these key economic features of their investment process with public equities and brokerage loans.

Reconsideration of Value Investing: Evaluation Based on Perfect Foresight

2021 ◽  
Author(s):  
Hideaki Kudoh ◽  
Daisuke Katayama ◽  
Kentaro Takayanagi
Keyword(s):  
Perfect Foresight ◽  
Value Investing

scholarly journals Value investing or investing in illiquidity? The profitability of contrarian investment strategies, revisited

2017 ◽  
Vol 3 (1) ◽  
Author(s):  
Aron A. Gottesman ◽  
Gady Jacoby ◽  
Huijing Li
Keyword(s):  
Investment Strategies ◽  
Value Investing

scholarly journals Vínculos entre la Escuela Austriaca de Economía y el método de la inversión en valor

2021 ◽  
pp. 255-304
Author(s):  
Diego E. Quijano Durán
Keyword(s):  
Common Sense ◽  
Jel Classification ◽  
Austrian School ◽  
Economic Calculation ◽  
Austrian School Of Economics ◽  
Value Investing ◽  
Palabras Clave ◽  
The World ◽  
The Common

The Austrian school of economics and the investment method known as value investing have a similar conception of the world, so that it is possible to find multiple links between them and form a coherent structure. To the economist, this allows for a much deeper understanding of the entrepreneurial function and the manner in which economic calculation is actually performed. To the investor, it offers a theoretical framework that explains economic phenomena, permitting him to better understand the role of the entrepreneur and to protect his investment when dangerous patterns can be observed. In this essay, we begin from the common stance of both schools of thought towards common sense, the use of realistic assumptions, the importance of prudence and the low value of complex mathematics in the fields of economics and finance. We then proceed to develop in greater depth nine aspects that have strong philosophical and scientific links. Key words: Value investing, Austrian school of economics, entrepreneurship, dynamic efficiency, economic calculation. JEL Classification: A12, G17, M20. Resumen: La Escuela Austriaca de Economía y el método de inversión en valor tienen una concepción similar del mundo que permite entrelazarlas coherentemente. Al economista, le permite profundizar el conocimiento del ejercicio de la función empresarial y la realización del cálculo económico en la práctica. Al inversor, le ofrece un marco teórico para comprender mejor el papel del empresario y los fenómenos económicos y detectar temprano patrones peligrosos y así protegerse. En este trabajo partimos de la base de que ambas escuelas de pensamiento tienen sus raíces en el sentido común y los supuestos realistas, que son prudentes a la hora de ver el futuro y que dudan de la utilidad de las matemáticas complejas en los campos económicos y financieros. Sobre ello, desarrollamos nueve aspectos en los cuales hay fuertes conexiones como, por ejemplo, la manera en que el ejercicio de la empresarialidad mejora la eficiencia del mercado y coordina los planes de las personas. Palabras clave: Inversión en valor, escuela austriaca de economía, empre-sarialidad, eficiencia dinámica, cálculo económico. Clasificación JEL: A12, G17, M20.

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