My conversations with Rob Arnott and Andrew Lo were really about the same problem:
investor irrationality.
AAII Stock Ideas David Dreman's Contrarian Approach to Stock Selection This strategy takes advantage of
investor irrationality by targeting discounted, fundamentally sound stocks.
This effectively shields them from
investor irrationality.
Not exact matches
Do financial advisors systematically add value by providing information to, and tempering the
irrationalities of, individual
investors?
«Volatility caused by money managers who speculate
irrationality with huge sums will offer the true
investor more chance to make intelligent investment moves.
To achieve this, I play on the
irrationality — the biases — of other
investors.
Another core reason is
investor bias /
irrationality.
They are, at base, looking for
investors rational enough to profit from the
irrationality of others.
These
investors are looking for companies that fly under the radar, or are underpriced due to the
irrationality of the market.
For a value
investor, it is Mr. Market's
irrationality that creates the opportunity for value
investors.
The tour we've taken through the last century proves that market
irrationality of an extreme kind periodically erupts — and compellingly suggests that
investors wanting to do well had better learn how to deal with the next outbreak.
A wise value
investor is someone who knows exactly the actual value of the stocks despite the changes on its value due to the
irrationality.
It's the persistent
irrationality of
investors that created the inefficiency in the first place!
In the
irrationality of the moment,
investors will sell other assets at absurdly low prices to acquire, of all things, cash!»
Our dream is that the research we describe will set
investors free from the bonds of
irrationality.
It is Mr. Market's
irrationality that creates the opportunity for
investors.