The Value Perspective



12SEP 2019

The highs and lows of how the word ‘average’ is used

We hear a lot about the ‘average’ person, family or household – and will hear a lot more as and when the UK next has a general election – but it is always worth considering just what people mean by the word



02AUG 2019


Value investing will survive Fortnite – and other tech disruptors

Technology may be gearing up to be as disruptive to the world of games-playing as it is to so much else but that does not mean professional sportspeople – or investors – should be giving up on what they do best


30JUL 2019


A lesson in the realities of ESG – from reality TV

A business may be the equivalent of the most-watched TV show in the world but, if our process suggests it is too risky in environmental, social and governance or ‘ESG’ terms, we will reach for the remote

25JUL 2019


The behavioural finance issues illustrated by the Chernobyl TV series

The recent Chernobyl TV miniseries showed senior officials committing a number of the sort of behavioural mistakes that investors can all too frequently make

19JUL 2019


Lessons in investing from England’s Cricket World Cup victory

Sunday’s Cricket World Cup final gave us so much in the way of drama and excitement but could it also contain some lessons for investors? How could you doubt it?

18JUL 2019


Why value still matters hugely in this growth-obsessed world

Those who write off value off as an investment strategy are effectively saying investors should at no point care what return they are making on a company – and surely that cannot be the case

16JUL 2019


Value investing dead? Four reasons why that just isn’t the case

Growth investing has outperformed value for such a sustained period of time there is a growing body of opinion that value as an investment strategy may be ‘dead’. Here are four reasons that view is wrong


30JUN 2019

Quarterly letters

Value Perspective Quarterly Letter – 2Q 2019

Value policy