I hope my post today finds you well. Spring is just around the corner. In fact, Daylight Saving Time returns two weeks from now. For many, it’s been a pretty cold winter and some warmer weather will be welcome.
A friend sent me an article (published in 2013) this past week. Perhaps you will recognize it. It’s very interesting and may explain why we can sometimes find very low-priced quality companies that seem to persist for longer than they should at undervalued prices. Go here to read this article titled “The secret strategy from the 1930s that hedge funders don’t want you to know about.”
See you next time.
I think this strategy is likely accomplished much more efficiently now that most of the trading is machine driven.
Julian,
You are surely correct about your observation. The same behavior is simply automated.
Paul
Paul,
Thank you for the VERY interesting article. Hope you and your family are doing well.
Take care,
Bill
Hey Bill,
Thanks. We are doing well — grandchildren growing up fast but it’s a joyous season of life. I hope all is well with you and your family, friend! Oh yes; I’ll be doing a couple of “Choose Stocks Wisely” seminars (parts I and II) on March 20 and April 17, respectively at MSU. Also, I’m teaching a course this term for MSU; it’s good to be back in the class room.
Paul