The Art of Creating an Investment Policy Statement

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   The Art of Creating an Investment Policy Statement To build the nest egg you will need for retirement requires discipline and patience. You must treat your personal income and expenses like a business. Typically, this involves having a financial plan that incorporates short-, mid-…

 

Revisiting the Lakonishok Approach to Patient Value Investing

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   EPS Revision Screen Building a screen to isolate S&P 1500 members with price-earnings ratios below their five-year average high and rising earnings estimates. Revisiting the Lakonishok Approach to Patient Value Investing Josef Lakonishok believes value outperforms growth because investors don’t expect much from value…