Excess Returns Quotes

“It seems clear that there is a greater opportunity to find bargains (and overpriced stocks, for that matter) in the small-cap arena both because there are more stocks to choose from and because smaller stocks are more likely to be lightly analysed and, as a result, more likely to be mispriced.” Joel Greenblatt (Greenblatt, 2006)”
― Frederik Vanhaverbeke, Excess Returns: A comparative study of the methods of the world's greatest investors

“Figure 28: The intelligent investor: strategy, process requirements and attitude”
― Frederik Vanhaverbeke, Excess Returns: A comparative study of the methods of the world's greatest investors