Cimarron Asset Management, LLC

The Pioneer in Relative Value Investing (RVI)™

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Selected Research and Publications About Relative Value Investing (RVI™)
The genesis of Relative Value Investing (RVI™) lies in extensive academic research performed by Dr. John W. Peavy and co-researcher, Dr. David A. Goodman, in the early 1980’s. Their research confirms that Relative Value Investing (RVI™) provides excess rates of return on both absolute and risk-adjusted bases.  Here is a selected bibliography of Dr. Peavy’s and Dr. Goodman’s publications about Relative Value Investing (RVI™):

- “Industry Relative Price-Earnings Ratios as Indicators of Investment Returns,” Financial Analysts Journal, July-August 1982.

- “Price-Earnings Relatives – A New Twist to the Low-Multiple Strategy,” The Financial Planner, October 1982.


- “Responsible Investing:  Optimizing the Return/Risk Tradeoff,”
Trusts & Estates, May 1982.


- “The Significance of P/Es for Portfolio Returns,”
Journal of Portfolio Management, Winter 1983.  A condensed version of this article was published in The CFA Digest, Summer 1983.


- “How to Develop a Common Stock Strategy for Uncommon Returns,”
The Financial Planner, June 1983.


- “The Effect of Price-Earnings Ratios and Firm Size on Portfolio Returns,”
The Wall Street Transcript, September 12, 1983.


- “The Risk Universal Nature of the P/E Effect,”
Journal of Portfolio Management, Summer 1985.


- Hyperprofits
. New York: Doubleday & Co., 1985.  (Fortune magazine Book of the Month, October 1985)


- “The Interaction of Firm Size and Price Earnings Ratios on Portfolio Performance,”
Financial Analysts Journal, January-February 1986.


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