Comments on: Iconic Value vs Glamour research receives an update

By: Which price ratio best identifies value stocks? « Greenbackd

Which price ratio best identifies value stocks? « Greenbackd — Mon, 30 Apr 2012 16:00:58 +0000

[...] Investment, Extrapolation and Risk, which was updated by The Brandes Institute as Value vs Glamour: A Global Phenomenon reopened the debate, suggesting that price-to-earnings and price-to-cash flow might add something [...]

By: A tide in the affairs of men « Greenbackd

A tide in the affairs of men « Greenbackd — Wed, 31 Mar 2010 04:01:58 +0000

[...] believe value works. The various academic studies that I’m so fond of quoting (for example, Value vs Glamour: A Global Phenomenon and Contrarian Investment, Extrapolation and Risk) confirm for me that value is a real [...]

By: Admiration a contrarian indicator « Greenbackd

Admiration a contrarian indicator « Greenbackd — Mon, 01 Feb 2010 05:00:22 +0000

[...] Vishny in Contrarian Investment, Extrapolation and Risk (and the The Brandes Institute update Value vs Glamour: A Global Phenomenon. Those two papers found that value stocks (defined as the lowest decile of stocks by [...]

By: Near Graham net nets vs Ultra-low price-to-book value stocks « Greenbackd

Near Graham net nets vs Ultra-low price-to-book value stocks « Greenbackd — Wed, 16 Dec 2009 04:02:44 +0000

[...] Investment, Extrapolation and Risk (1994) as updated by The Brandes Institute’s Value vs Glamour: A Global Phenomenon (2008) speak to the return on the Ultra-low Price-to-book Portfolio. One wrinkle in that theory is [...]

By: A closer look at the “High Minus Low” strategy: Component returns (Part 1) « Greenbackd

Thu, 10 Dec 2009 05:05:52 +0000

[...] Investment, Extrapolation and Risk (1994) as updated by The Brandes Institute’s Value vs Glamour: A Global Phenomenon (2008) – but it is most closely associated with Fama and [...]

By: Piotroski’s F_SCORE in practice « Greenbackd

Piotroski’s F_SCORE in practice « Greenbackd — Fri, 04 Dec 2009 04:04:41 +0000

[...] Robert Vishny Contrarian Investment, Extrapolation and Risk (1994) and The Brandes Institute’s Value vs Glamour: A Global Phenomenon (2008) - low price-to-book value stocks outperform higher priced stocks and the market in general. [...]

By: Testing the performance of price-to-book value « Greenbackd

Testing the performance of price-to-book value « Greenbackd — Mon, 23 Nov 2009 04:43:21 +0000

[...] H. Thaler’s Further Evidence on Investor Overreaction and Stock Market Seasonality (1987). In Value vs Glamour: A Global Phenomenon, The Brandes Institute updated the landmark 1994 study by Josef Lakonishok, Andrei Shleifer, and [...]

By: Counterintuition « Greenbackd

Counterintuition « Greenbackd — Fri, 13 Nov 2009 06:22:59 +0000

[...] strategy. Glamour feels like a better bet than value, but studies have shown over and over again that value outperforms glamour or momentum. Tangible asset value – liquidation value [...]

By: Plumbing the depths with Wolseley : Interactive Investor Blog

Plumbing the depths with Wolseley : Interactive Investor Blog — Mon, 26 Oct 2009 11:25:02 +0000

[...] According to new research by the Brandes Institute, value still beats growth by a large margin [...]

By: beneteau

beneteau — Sat, 24 Oct 2009 05:28:38 +0000

thanks for sharing the article.

so the presumption is value = low P/B.

but is B adjusted? and do you have any past work on using p/b in screening for stocks?

thanks