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Scott Reardon: Quantitative Deep Value & Qualitative Fundamental Portfolios

The Security Analysis Podcast

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How to Invest in Real Estate

I started out being a deep value quant just like Ben Graham ended his career where I do a lot of back testing and was running strategies. And from there, I actually still think that strategy works. The problem is that it's very cyclical. And when it goes out of favor, it goes way out of favor. But it's a very robust strategy over virtually any decade. Other than the last one, it's a strategy that produces significant alpha. We're trying to buy high percentage businesses not necessarily high quality businesses with high ROEs but just high percentage where we think the business has a huge amount of staying power"

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