25iQuiz: When someone writes about "value stocks" what definition are they using? Be specific.
"I know it when I see it,” says Robert Waid, who heads up the index business at Wilshire. “It’s like the difference between pornography and art.” google.com/amp/s/amp.kipl…
"I know it when I see it,” says Robert Waid, who heads up the index business at Wilshire. “It’s like the difference between pornography and art.” google.com/amp/s/amp.kipl…
2/ Wait! The definition of "value stock" varies depending on who uses it? The factors aren't defined other than by giving examples?
"value stock is one that is cheap in relation to such basic measures of corporate performance as earnings, sales, book value and cash flow."
"value stock is one that is cheap in relation to such basic measures of corporate performance as earnings, sales, book value and cash flow."
3/ "Every value stock investor has a different opinion of what value is, and there is no right answer. Everything works sometimes, and nothing works all the time. There is also no consensus among index providers of what a value stock is."
Rick Ferri google.com/amp/s/www.forb…
Rick Ferri google.com/amp/s/www.forb…
