Published Feb 18, 2021
A Value Manager on How Most Value Managers Are Getting It All Wrong
Rafe Resendes, co-founder of the Applied Finance Group, critiques traditional value investing strategies and advocates for a redefined focus on intrinsic value and economic profitability. He emphasizes a sophisticated approach to assessing growth and value stocks, urging investors to consider a company's ability to sustain profits above its cost of capital, transcending typical market metrics.
