2 ms·
Value investing like Fama French HML? Value like the factor that's gotten trounced over the last decade?
by bfrink 6y ago
Value investing like Fama French HML? Value like the factor that's gotten trounced over the last decade?
- smabie 6y agoYou could make the argument (and many people have) that HML and other simple value formulations aren't actually true value opportunities: they are just cheap and often value traps. While I kind of look down at value, I think you can outperform with it but you need to look a lot deeper than simple ratios.