Investment Analysis
Pzena Fourth-Quarter Newsletter Commentary - Research shows that value investing works in the emerging markets, and can provide access to a potentially higher growth universe at valuations similar to developed markets.
Pzena Third-Quarter Newsletter Commentary - Despite the recent run-up in valuations, historical data offers a compelling argument that we are still in the early innings of this value cycle, with the next leg up likely to be driven by earnings increases in the context of a modest economic recovery.
Publications
- Pzena Quarterly Newsletter - Our Letter to Clients, Investment Commentary, Quarterly Strategies, Review and Outlooks, and Pzena News.
- The Search For Value - a compilation of Pzena commentaries from our first 11 years.
- Firm Summary - an introduction to Pzena.
To request a copy of the publications above, please complete the publications request form.
Media Interviews
- Rich Pzena on "Surviving the Cycles on Investing" – Outstanding Investor Digest, 2/29/08
Other Resources on Value Investing
- The Little Book that Beats the Market
by Joel Greenblatt - Value Investing: From Graham to Buffett and Beyond
by Bruce C. N. Greenwald, Judd Kahn, Paul D. Sonkin, Michael Van Biema - What Works on Wall Street: A Guide to the Best-Performing Investment Strategies of
All Time
by James P. O’Shaughnessy - The Intelligent Investor
by Benjamin Graham, Jason Zweig - Margin of Safety: Risk Averse Value Investing Strategies for the Thoughtful Investor
by Seth A. Klarman - Security Analysis
By Benjamin Graham and David Dodd - The Cross-Section of Expected Stock Returns
by Eugene F. Fama and Kenneth R. French. Journal of Finance 47(1992)
