Gregory, Alan; Harris, Richard D.F.; Michou, Maria - In: Journal of Business Finance & Accounting 30 (2003-01) 1-2, pp. 213-256
It is now widely accepted that contrarian, or value investment strategies deliver superior returns. Gregory, Harris and Michou (2001) examine the performance of contrarian investment strategies in the UK and find that value strategies formed on the basis of a wide range of measures of value have...