The Best Investment Writing Volume 5: Jack Vogel, Alpha Architect - Value Investing: An Examination of the 1,000 Largest Firms

The Meb Faber Show - Better Investing

The Idea Farm

Business, Investing, Management

4.7 • 938 Ratings

🗓️ 17 September 2021

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Last year we brought listeners the entire volume of The Best Investment Writing Volume 4, in audio format, right here on the podcast. Listeners loved it, so we’re running it back again this year with The Best Investment Writing Volume 5. You’ll hear from some of the most respected money managers and investment researchers from all over the planet. Enough from me, let’s let Jack take over this special episode. To read the original piece, click here. ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, visit mebfaber.com/podcast To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Today’s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Join today and get access to quarterly CAPE ratios, an excel quant backtester and the entire research library. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome podcast friends we have a fantastic episode for you today.
0:11.1	Last year we published the Best Investment Writing, volume four, we offered authors the opportunity
0:16.6	to record an audio version of their chapter to be released as a segment of the podcast and
0:20.9	listeners loved it.
0:21.9	This year, we're once again bringing you the entire
0:24.4	volume of the best investment writing, volume five in podcast format. You'll hear from some
0:29.7	of the most respected money managers and investment researchers from all over the world.
0:34.7	Enough for me, let's get to our guest and let them take over this special episode.
0:39.9	This article is titled Value Investing, an examination of the 1,000 largest firms by Jack
0:46.4	Vogel of Alpha Architect.
0:49.2	Among stock investors, a common strategy and belief held is Value Invest investing, which is buying stocks that are relatively
0:55.4	cheap on price or fundamental ratios. The idea behind why value investing works is that value stocks are either
1:02.3	one riskier and or two have been mispriced by the
1:06.2	market. So in theory these elements of risk or mispricing lead to expected above
1:12.0	market returns.
1:13.2	However, this strategy has failed over the past couple of years.
1:16.8	Causing many to doubt or question what is going on with the strategy.
1:20.8	Given the recent underperformance, there have been a lot of articles written about the so-called
1:25.2	death of value investing. Some of the articles that examine this question is value dead
1:31.2	have examined the performance of two well-known indices, the Russell
1:34.8	1,000 value index and the Russell 1,000 growth index. These are widely
1:39.6	referenced in industry, are market cap waited and have returns going back to 1979.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Idea Farm, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Idea Farm and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.