value stocks

Our take on the investing, financial, & economic themes of the day

Where Do Good Investment Ideas Come From?

1 March, 2016 by Ben O'Brien in Commentary
Where do good investment ideas come from? Do great investors crunch numbers and analyze data as a scientist would, or do they find sudden bursts of almost other-worldly inspiration like a poet or a painter? There is a lot of difference of opinion on this question, and there is no one right ... read more...

What’s a Conservative Dividend Investor to Do?

1 December, 2015 by Matthew O'Brien, Ph.D. in Commentary
I recently helped a new institutional client rebalance its portfolio away from a heavy concentration in telecommunication, energy, and utility stocks.  This client has ongoing income needs, and the rationale for owning telecom, energy, and utilities is of course to meet these needs with ... read more...

Investing in RULCs: A Promising yet Conservative Strategy

Your portfolio may contain REITs, MLPs, BDCs, TIPS or various other investment acronyms, but do you own any RULCs? Perhaps you’ve never heard the term. That’s probably because I coined it myself, or rather cobbled together the acronym from a phrase used by the legendary investor ... read more...

Is the Market Shifting from Favoring Growth to Value?

4 April, 2014 by Matthew O'Brien, Ph.D. in Commentary
The story of the remarkable stock market gains in 2013 was the outperformance of lower-quality, speculative growth stocks.  Indeed, this is been the story for the duration of the current five-year bull market.  In the first quarter of 2014, however, this story changed, as higher-quality, slower ... read more...