During his recent interview with Meb Faber, GMO’s Ben Inker explained why U.S deep value stocks are super cheap. Here’s an excerpt from the interview: When we’re talking about value, the default way most people think about it is halves of the market. So there’s the value half of the … Read More
GMO: Just Why Has Value Underperformed Growth For The Past Decade?
Here’s a great new paper by the team at GMO which discusses the factors that have caused the underperformance of value investing in the past decade, stating: The performance of U.S. value over the last decade has led many to wonder whether the value premium has been completely eroded. We … Read More
If You’re Having Trouble Finding Undervalued Stocks Today, Here’s One Reason Why – GMO
GMO recently released a white paper titled The S&P 500: Just Say No, by Matt Kadnar and James Montier. The paper questions the validity of throwing in the towel and simply indexing all of our equity exposure to the S&P 500. Of particular interest to us here at The Acquirer’s Multiple is Montier’s … Read More
Jeremy Grantham: The Rules Have Changed for Value Investors
GMO Co-founder Jeremy Grantham recently did an interview with Wealthmanagement.com in which he discusses how the world has changed for value investors. He says, “Since 2000, it’s become much more complicated. The rules have shifted. We used to say that this time is never different. I think what has happened … Read More