Value investing can be challenging, humbling, and even lonely, as fund manager Sam Peters has learned over the last three decades.
Markets are usually efficient, Peters acknowledged, meaning that stocks usually trade near their fair value.
Thanks to this method, Peters' portfolio often has an unconventional combination of companies that offers diversification with the potential to compound abnormally large returns over time.
Peters added: "I think we're going to be in a higher nominal rate environment, higher inflation environment, higher rate environment.
Such a setup would favor value stocks over their growth peers, Peters said.
Persons:
Sam Peters, Peters, he's, Morningstar, it's, we're, Johnson, They're, ROE, there's, Noble, Toby Rice
Organizations:
Trust Fund, Healthcare, Johnson, UnitedHealth, Insurance, International Group, AIG, Trust
Locations:
financials