First Post - Recommended Reading

It's pouring rain outside as I sit here and listen to the thunder and the occasional wail of sirens passing by... what better time for my first post! To introduce myself; I am a 25 year old student of value investing and, while I will surely get older and more knowledgeable, I will also always remain a student of this investment philosophy. Having been only formally introduced to value investing within the past year, at MBA school, I am already a devout follower in and believer of the philosophy. During the past year I have read countless journal articles and research papers on value investing - I have even valued a company or two (quite the understatement). The goal of this inaugural post is to start you, the reader, on the path of enlightenment. Following are a list of journal articles and working papers that I recommend you read in order to help you pursue a value investment methodology with the discipline that is required. If you are currently enrolled in a post-secondary institution then you can likely access the journal articles through your school's library. The working papers listed can be found via the Social Science Research Network (SSRN).

1. Abhyankar, A., Ho, K., Zhao, H., Value versus Growth: Stochastic Dominance Criteria, Working Paper, 2006.
2. Arshanapalli, B., and Nelson, W.B., Small Cap and Value Investing Offer both High Returns and a Hedge, The Journal of Wealth Management, Spring 2007.
3. Athanassakos, G., Portfolio Rebalancing and the January Effect in Canada, Financial Analysts Journal, Vol. 48, No. 6, Nov. – Dec., 1992, pp. 67-78.
4. Athanassakos, G., Value vs. Growth Stock Returns and the Value Premium: The Canadian Experience 1985-2002, Working Paper, 2006.
5. Bauman, W.S., and Miller, R.E., Investor Expectations and the Performance of Value Stocks versus Growth Stocks, Journal of Portfolio Management, Spring 1997.
6. Capaul, C., Rowley, I., Sharpe, W.F., International Value and Growth Stock Returns, Financial Analysts Journal, Vol. 49, No. 1, Jan. – Feb., 1993, pp. 27-36.
7. Chan, L.K.C., and Lakonishok, J., Value and Growth Investing: Review and Update, Financial Analysts Journal, January/February 2004.
8. Fama, E.F., and French, K.R., Value versus Growth: The International Evidence, The Journal of Finance, Vol. 53, No. 6, Dec. 1998, pp. 1975-1999.
9. Kao, D., and Shumaker, R.D., Equity Style Timing, Financial Analysts Journal, Vol. 55, No. 1, Jan. – Feb., 1999, pp. 37-48.
10. Lakonishok, J., Shleifer, A., Vishny, R.W., Contrarian Investment, Extrapolation, and Risk, The Journal of Finance, Vol. 49, No. 5, Dec. 1994, pp. 1541-1578.