Pzena Investment Management is a global investment management firm that employs a classic value investment approach...
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Return on equity has been the main driver of returns in emerging markets. With ROE's declining, today's environment favors stock selection where pessimism is already reflected in valuations.
Drilling Deep for Value. An interview by Barron's
Smart Investing: There Is Nothing Passive About It
A tough environment never causes real value investors to waver. Disciplined, fact based analysis sows the seeds of significant future outperformance...
See our thoughts: Articles from past market cycles