The Archaeology of Finance - The Value of History

There have been numerous academics studies over the years that argue - in simple terms - that value investing outperforms growth investing, with less risk.

A great many of these studies are US centric, which is to be expected given the level of information for US stock markets going back many decades. More recently, these studies have been replicated outside the US, across a wide range of countries. What has not changed however, is the fact that value investing works equally as well - and often far better - outside the US.

The Wall Report aims to demonstrate why value investing is the most rational way to invest.

If in a few months time you disagree with me then have failed to present the case for value investing adequately. To me it is obvious that value investing works, and works very well.

Instead of studying finance and finace theory at university (which I have done) or via other avenues (which I have also done), or when investing on behalf of clients' (which I do daily), I suggest novice investors (and professionals as well) read / study financial history. A good starting point is "What Works on Wall Street' (James O'Shaughnessy), which offers a plethora of evidence of 'What works on Wall Street'