Here is a 3 page market commentary from Jim O'Shaughnessy for your perusal. Click on the post title for the link.
In another lifetime a bank I worked for brought Mr O'Shaughnessy's value and growth investment styles to the Canadian market place in the form of mutual funds. Being an eager young banker I read Mr. O'Shaughnessy's first book, What Works on Wall Street, and was impressed enough to place some money in his funds. That was back in 1997, and the fund has outperformed the TSX composite index nicely.
O'Shaughnessy's approach removes human emotion from the investment process, and we as traders know that is the key to success.
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