During my preparations for the talks at the end of the month ( which is rapidly selling out ! ), I would go to Lee Kong Chian Library and take down some interesting observations on the market from the Bloomberg terminals.
Today’s observation goes beyond the scope of my presentation in July so it’s better to share this on my blog for intermediate investors. It will also give attendees and idea of what my presentation would be like at the end of the month.
An important question investors are curious to know is whether deep value strategies outperform a well-crafted dividends strategy. I have always maintained in my talks that a dividend strategy is, in many cases, inferior to the deep value strategy.
( Information on my dividends strategy will be shared on my talk itself but let’s look at simple deep value strategy I back-tested on Bloomberg.)
Suppose we …