Pzena Investment Management: Investing In The Cheapest Stocks Provides Superior Investment Performance Over The Long Term

Johnny HopkinsRichard Pzena Comments

One of the investors we follow closely at The Acquirer’s Multiple is Rich Pzena at Pzena Investment Management (Pzena). Pzena recently released its Q1 2017 commentary in which they demonstrate how investing in the cheapest stocks provides superior investment performance over the long term. Here’s an excerpt from the Q1 2017 commentary:

What Makes a Great Value Investor – Richard Pzena

Johnny HopkinsResources, Richard Pzena Comments

(Image Credit, cnbc.com) Richard “Rich” Pzena is the founder and chief investment officer of Pzena Investment Management, a New York-based deep value investment firm with over $20 billion in assets under management. According to Graham and Doddsville, Pzena Investment Management’s Value fund has compiled an annualized compounded return of 16.3% since inception, compared to a compounded annualized return of 9.3% … Read More