A value-investing expert explains why beaten-down stocks are the most appealing since the dot-com bubble — and shares 3 stocks he bought as the coronavirus crash created 'rare' opportunities
Business Insider -

Tobias Carlisle, the founder and portfolio manager of The Acquirers Fund — a long/short deep-value exchange-traded fund — leans on historical data to make a compelling case for value-oriented investors going forward.

Historically speaking, Carlisle says that "higher-than-average future returns" for value stocks follow periods of unusual discounts.

Cliff Asness, the billionaire hedge-fund manager and founder of AQR Capital Management, echos Carlisle's view stating: "This is where long-term...

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