BOIVF - When Breaking Up Is Easy To Do
We get by with a little help from our friends. The back-testing for this article was done by our dear friend, Ehren Stanhope who writes a great blog, factorinvestor.com. This is the first of what we hope will be many collaborations with Ehren, and we thank him for his generous data-crunching on our behalf.
Speed Read:
- Returns from spinoffs are no longer categorically great, but when they work, they WORK
- When the clown car (hedge fund crowd) goes left, we go right.
- Nearly ¾ of our portfolio is undergoing some type of split in