Publications

While value stocks have outperformed the broad market over the last 3 years, after a decade of underperformance, we have found that many portfolios likely have a growth performance bias and could be missing the potential diversification benefits from what we consider a “true” value exposure that may be needed if the next decade is different than the last.

The June 2023 "Brandes Letter: Investing is a People Business" emphasizes the human role in investing. Ted Kim, our automotive analyst, exemplifies our ideal of independent thinking. Our process involves research, investment committees, and the margin of safety principle (the margin of safety is the discount of a security’s market price to our estimate of its intrinsic value). Ted's view on Tesla highlights the firm's approach to estimating a company’s valuation. Our letter underscores Brandes' belief in human insight as we seek to create value for our clients.

Is your bond portfolio falling short of fixed-income return targets? It may be time to consider a value-focused approach.

We have observed that U.S. small cap value stocks currently trade at attractive levels relative to both U.S. small and large cap growth stocks.

From persistently large valuation gap to elevated inflation, we believe there are reasons to remain optimistic about the long-term potential of value stocks.

The State of Value Investing

Has the 40-year fixed income party come to an end?

Over the longer term, income is the most important determinant of fixed income returns.

How being “Purpose-built for Value” makes Brandes different

How “value” fits long term investment goals

A proactive guide for Financial Advisors

A mental health checklist

The enduring value of Graham Principles

Seeing encouraging signs for value stocks

The case for “value” in a well-diversified portfolio

As markets shift, diversification has helped smooth the ride

Rising inflation and interest rates may bode well for “value”

See how “value” led following the last 14 recessions

“Value” is in the eye of the beholder

See why we believe select China-based businesses remain attractive for the long term

We consider it our job as an active value manager to distinguish potentially undervalued businesses from those that may merely be "cheap."

See why we believe non-U.S. stocks represent significantly underappreciated potential

Fundamental, research driven investing

Louis Lau, CFA, Director of Investments at Brandes Investment Partners shares his thoughts on US-China relations and investment opportunities within China

We believe diversification is key as it helps investors to improve its long-term risk/return potential.

Could inflation be a tailwind for value stocks?

Four big questions: Why? When? How? What?