The Truth About Performance Records

The Truth About Performance Records by Andrew Hunt, author, Better Value Investing: A Simple Guide to Improving Your Results as a Value Investor, full bio below

Global value investing has been having a yough time of late. Indeed, the FT[i] and the Brandes Institute[ii] have reported that, since the financial crisis, value investing has had its weakest streak of relative performance ever, even compared to the early 70s or the TMT bubble.

Given this background, it seems a good time for many value investors to consider what historic performance records can actually tell us. Reading through the extensive literature...