Value Investing News

SmartMoney talks to Gary Smith, an economics professor at California's Pomona College about the surprising results of a study called "A Great Company can be a Great Investment". Smith ascertain that, contrary to the efficient market hypothesis, certain household names tend to outperform the broad market. He also talks about Philip Fisher and Peter Lynch's approach in the interview.

• http://www.smartmoney.com/theproshop/index.cfm?afl=yahoo&story=20061102 (3)