You may be very clever, but if you don't possess the proper mindset and a stodgy psyche, it'll be quite difficult to
behave as a value investor.
Not exact matches
When
investors are very skittish, the market may
behave like a very loose rubber band, generating little tension even
as it moves significantly away from fair
value.
Martin J. Whitman, Chairman of the Board, Third Avenue
Value Fund» A dangerous side effect of not embracing the unpredictability of short - term stock prices is extreme bouts of anxiety when stock prices do not
behave as the
investor hopes they will.
We believe the leading actors of the «why
value works» story are
investors who
behave as though price and
value are the same thing.
Value strategies «exploit the suboptimal behavior of the typical
investor» by
behaving in a contrarian manner: selling stocks with high past growth
as well
as high expected future growth and buying stocks with low past growth and
as well
as low expected future growth.