@article {Asness1, author = {Clifford Asness and Andrea Frazzini and Ronen Israel and Tobias Moskowitz}, editor = {Picchi, Aimee}, title = {Practical Applications of Fact, Fiction, and Value Investing}, volume = {3}, number = {4}, pages = {1--5}, year = {2016}, doi = {10.3905/pa.2016.3.4.146}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Fact, Fiction, and Value Investing Clifford Asness Andrea Frazzini Ronen Israel Tobias Moskowitz Value investing{\textquoteright}s origins go back to well before the publication of Benjamin Graham and David Dodd {\textquoteright}s classic book Security Analysis in 1934. And today, it still reigns as one of the best-known and famously successful strategies{\textemdash}just look at the successes of Warren Buffet and Berkshire Hathaway. Even so, myths and misperceptions abound. Colleagues and co-authors from AQR Capital Management{\textemdash}Cliff Asness , Andrea Frazzini , Ronen Israel and Tobias Moskowitz {\textemdash}identified nine myths and unrealized truths about value investing by assessing academic research, evaluating perspectives from the trenches and incorporating their firm{\textquoteright}s own empirical analysis.Their article{\textemdash} Fact, Fiction, and Value Investing {\textemdash}was named Outstanding Article in the 17th Annual Bernstein Fabozzi/Jacobs Levy Awards .TOPICS: Security analysis and valuation, portfolio theory}, issn = {2329-0196}, URL = {https://pa.pm-research.com/content/3/4/1.4}, eprint = {https://pa.pm-research.com/content/3/4/1.4.full.pdf}, journal = {Practical Applications} }