Value investors do not believe in the strict form of the efficient-market hypothesis, which assumes that all public and private information at all times is fully reflected in today’s stock price. They believe that sometimes companies are under-priced relative to their fair value and exploit the mispricing. Investor psychology and business cycles are common reasons for temporary mispricing of a company. A quality company bought at a discount is always more attractive than a fairly valued quality company. In the long run valuations matter as the stock price of any quality company ultimately will reflect the underlying intrinsic value. Value investing has proven its efficiency over decades, and it is designed to be successful for all investors who has a medium to long-term investment horizon.
Niveau : confirmé ou expert
Expert: Léon Kirch (Partner, Chief Investment Officer) and Allan Jensen (CFA, CAIA, Portfolio Manager)
Objectifs:
– Discover what is Value Investing
– Discover a proven philosophy over time – its relevance still today
– Discover value investing in its current economic environment
IMPORTANT
Participants are hereby informed that they are likely to appear on photographs taken at the event. These are intended to be published in print and/or digital media published by Maison Moderne.