Dirk

What's Wrong with Today's Value Investing?

Why in the world would you use a Russell 2000 benchmark and then eliminate stocks belwo $250 million? The Russell 2000 is a small cap index and what is on your screen, Royal Dutch and BP? Talk about using the wrong benchmark. That aside, combining estimate revisions with value is a very worthwhile strategy. However, you should re run your tests with a more reasonable benchmark, Say the Russell 1000 or the S&P 500, using the Russell 2000 makes about as much sense as using the Mubai Sensex as your bogey.