AQR Capital founder Cliff Asness says it's time to 'sin' a little — and by that he means increase allocation toward value stocks.
AQR Capital founder Clif Asness says that investors should commit a "sin" and increase their allocation toward value stocks.
"If you believe, as we do, that value is a good long-term strategy, and an important part of an investment process, we would recommend a modest extra amount of value than the norm," he said. For years Asness, whose quant fund takes a factor-based approach to investing, has cautioned against betting on value stocks. The assertive hedge fund billionaire also preaches against trying to market time. But on Thursday he said that while value stocks have been under pressure for ten years, the last two years have not been justified and it may be time to buy some more."We think the first eight-plus years of value's recent 10-year losing streak were 'rational' ...
Value investing is a tried and true method of stock picking where the buyer evaluates the fundamentals of a company. If the market is pricing the security below what the investor has deemed to be the company's intrinsic value, then the stock is a buying opportunity. Berkshire Hathaway's Warren Buffett is one of the most well-known value investors.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Accenture And Amazon Managed Blockchain Connecting Small-Scale Producers Into The Value ChainTrust and transparency in supply chain models is essential to creating an inclusive economy that promotes social equality, as well as reduces waste by accurately aligning the supply and demand.
Read more »
Rakuten third-quarter profit almost wiped out as Lyft stake value slidesRakuten Inc's quarterly operating profit was almost wiped out in the three ...
Read more »
The Gap CEO is leaving. The company's stock lost more than half its value since he startedGap CEO Art Peck is stepping down ahead of the company's spinoff of its powerhouse Old Navy line, the company announced
Read more »
How ‘Once Upon A Time In Hollywood’ Production Designer Barbara Ling Brought Quentin Tarantino’s Favorite Restaurants Back Into The ’60s — Production Value Video SeriesIn her first collaboration with Quentin Tarantino on Once Upon a Time in Hollywood, production designer Barbara Ling got to re-create or visit several iconic Los Angeles locations—including some of…
Read more »
Billionaire Steyer’s Presidential Campaign Reportedly Offered Cash For EndorsementsThe billionaire hedge fund founder launched his campaign with the promise of getting money out of politics.\n
Read more »
Xerox is reportedly mulling a blockbuster takeover of HPHP is more than three times Xerox's size, and a cash-and-stock offer would ring in at a premium to HP's $27 billion market value.
Read more »