Morningstar
A Guide to Using Valuation-Driven Investing to Help Your Clients
The challenge for advisers today is how to help investors in a market environment where prospective returns are low. One approach, valuation-driven investing, has been practiced by some of the world’s best investors and identified by academics as a consistent source of superior returns.
Download this paper to learn:
What it means to invest with a margin of safety
How to avoid value traps
The importance of keeping your strategies productive
When diversification isn’t enough
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