George Athanassakos | Risk or mispricing: Which is driving the value premium?

A new study by George Athanassakos finds screening value stocks for earnings quality can improve the performance of value investing strategies. 

In a piece for the Globe and Mail Athanassakos explains "it is both mispricing and risk that drive the value premium – deteriorating earnings quality contributes to the mispricing (overvaluation) of growth stocks and to analyst uncertainty (risk) of value stocks."