1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Value Investing During and After U.S. Recessions: A Historical Perspective

March 17, 2010

Since 1926, there have been 15 recessions in the United States (including the Great Depression). These 15 recessions have lasted, on average, 13 months. During these recessions, value stocks tended to perform worse than glamour stocks, falling 5.5% per year on average vs. a 2.5% average decline for glamour stocks.

Read the complete research by the Brandes Institute

Also other reports:

Rating: 4.3/5 (4 votes)


Adamcz - 7 years ago    Report SPAM
Where's the rest of the article?

It doesn't explain why "value investing" should be judged by stocks trading at low multiples to book value, and more importantly, it doesn't list what multiples it chose as a threshold for assigning stocks to the "glamour" and "value" categories.

I'm not sure how a picture this incomplete could be of use to anybody.

Please leave your comment:

Performances of the stocks mentioned by

User Generated Screeners

daftheadersg hk best
henrikLynch inspiret Oct 17
lajor10Low EV/EBITDA
canidPE >50th percentile of INDUSTR
brucexoct 17 user defined screen
AngryQuality Growth cheap
EnjoylifeDad 1
punjanoot2007a academy+joe
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat