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…