Style of Picks

Value strategy

Long-Horizon Loser Reversal

Buy a diversified basket of the market's biggest 3–5 year losers and hold for the long-horizon mean reversion documented in behavioural finance since the 1980s.

3–5 yearsIntermediate–Advanced

Werner De Bondt & Richard Thaler — “Does the Stock Market Overreact?”, Journal of Finance (1985)