Posts in Value Investing Research

Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers

February 22, 2011

Discussion: In the academic literature, the highest book-to-market portfolio (value portfolio) has created controversy. On one hand, efficient market theorists believe the "value portfolio" outperforms the market because the portfolio is fundamentally riskier than the broader market. A pile of academic evidence suggests that this "market efficiency" hypothesis is correct.

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Backtesting Ben Graham

April 17, 2011

Last updated on January 12th, 2017 at 04:18 pmCharles Mizrahi, over at http://www.hiddenvaluesalert.com/, suggested we backtest a simple Ben Graham strategy

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The Ultimate Short Book.

May 17, 2011

Last updated on January 13th, 2017 at 09:47 amIdentifying Overvalued Equity Messod Beneish and Craig Nichols A version of the

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Shorting the Magic Formula

October 19, 2011

Last updated on January 23rd, 2017 at 11:39 amI just got back from the Value Investing Congress–http://www.valueinvestingcongress.com/. The event was

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