During his recent interview on the Excess Returns Podcast, Wes Gray was asked about his thoughts on value investing going forward. He discussed his views on a long only value strategy versus a long short value strategy. Here’s an excerpt from the interview: A few things I would say is … Read More
Is Value Investing Dead? It Depends on How You Measure It – WSJ
Here’s a great article by Wes Gray at the Wall Street Journal which demonstrates that value investing is not dead. It just depends on which metrics you use to measure its performance. Wes Gray is the CEO and CIO of Alpha Architect, a quantitative asset manager based near Philadelphia. Here’s an excerpt … Read More
Why Does The Enterprise Multiple Perform Better Than Other Valuation Metrics
(Photo courtesy, lebow.drexel.edu) One of our favorite bloggers is Wes Gray over at Alpha Architect. These guys provide some of the best research on investing and behavioral finance. Gray is a really smart guy, has a PhD in finance, and graduated magna cum laude with a BS from The Wharton School of the University … Read More