Value Investing News

Investment advisors will indicate that one of the most important variables an investor needs to determine is their asset allocation. The reason behind this has to do with a study completed over 20 years ago by BHB that indicated that 93.6% of an investor's return is attributable to asset allocation. Roger Ibbotson points to the inaccuracy of that conclusion in this article

It may come as a surprise to many investors, but the current Dow Jones Industrial Average rally compared to past rallies back to 1900 is below average in duration and below average in magnitude of the advance as detailed in the chart...

Morningstar’s Domestic Equity Fund Manager of the Decade Bruce Berkowitz, founder and lead portfolio manager of the five-star Fairholme Fund (FAIRX). In this interview, Berkowitz explains how he has beaten the S&P by more than 200 percent over the past decade and where he is finding value now.