Brandes Materials

Brandes Materials


What would you advise an institutional investor start, continue, and stop doing in order to embrace the value investing?


PDF_IconBrandes Process
PPTX_IconWhat to look for in a value manager - Robert Kirby


Aside from Buffett/Munger and your own firm’s people, who are the value investors in the next generation that you respect today?


PDF_IconThe Folklore of Finance: How Beliefs and Behaviors Sabatoge Success in the Investment Management Industry
PDF_IconValue vs. Glamour: A Long-Term Worldwide Perspective


What are the top key items you look at to assess an analyst’s thesis (i.e. areas where analyst frequently make a wrong assessment)?


PDF_IconBrandes Process


With respect to your experience and your observations of people in your firm or others that you know, what is your view on how people develop mastery of the value investing art?


PDF_IconInvestment Policy Slide
Docx_IconCompensation Structure Response
PPTX_IconOur Edge in EM and INSC



We hear two distinct approaches to emotions in decision making. Some advocate suppressing emotions while others say embrace it. Where do you stand?


Web_IconBarclays Behavioural Finance
PDF_IconRole of Expectations 


To guard yourself against overpaying and thus losing money, how do you know whether intrinsic value computation is fair?


PPTX_IconConstruction — Margin of Safety


How attractive is Brazil in the current political turmoil vs the other episodes you have seen in the past?


PPTX_IconSelective Approach to EM Allocation