Excess Returns  cover image

An Evidence-Based Approach to Markets with Larry Swedroe

Excess Returns

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Adding to Value

I wanted to ask you about this idea of adding to value because that's something I did as well. And there sort of seemed to be two camps on this. One is, you know, obviously a value stock to that cheap and you're a long-term investor. You want to add money to it. The other one we get into sort of the academic idea is, well, that's factor timing and factor timing doesn't work. So you really don't want to do that.

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