Value
topic on 3 shows · 8 statements across 7 episodes
Lenny's Podcast 
How I Built This 
Capital Allocators
8 statements about Value, every show
Thacker: Value and GARP strategies mathematically underperformed without momentum
“It's just a mathematical reality, which is if you believed in any value or GARP orientation, you have underperformed. You needed to be a momentum investor In your asset allocation, as well as owning those type of managers.”
Thacker: Value is the only viable equity strategy in Europe
“So in Europe, I really believe in value, partly because I don't see a lot of growth in Europe.”
Adams: Aligning SaaS Pricing to Value Is Deceptively Difficult
“Pricing is, like, deceptively difficult. We had a principle around, like, aligning price to value. You know, people should pay based on the amount of value they get in the product. Easy to say and incredibly hard to do. Value is subjective.”
Graña: EM Value Outperformed Pre-2008, but Growth Led Post-2008
“You have to consider that before Value outperformed growth on average six out of seven years in emerging markets, but post 2008 growth, I think has outperformed nine out of 11 years.”
Kenneth Cole: Consumers buy value rather than price
“I don't think people buy price. They buy value, and people learned a long time ago, you pay a dollar for something, you never wear it, you pay too much.”
Siegel: Long-term investors should tilt toward value over growth over 10-20 years
“If you're a long-term investor, you should probably tilt your portfolio toward value, not growth at this point. You may lose for a while, but in 10 or 20 years, you'll be very happy.”
Momentum Factor Is More Important Than Size and Potentially Value
“Really momentum is maybe more important, certainly more important than size and maybe more important than value.”