News Snapshot:
Three counterintuitive value investing ideas from Goldman Sachs - and why you may not like them Goldman’s three value investing ideas are hard to accept A new report from Goldman Sachs highlights the difficulty of implementing value investing or contrarian investment strategies because the recommended trade ideas are frequently off-putting, even repulsive, to many investors at first glance. David Kostin, Goldman Sachs’ chief U.S. equity strategist, used his Weekly Kickstart report to identify three pockets of value in an American market that is, on aggregate, very expensive relative to the historical average on most valuation measures. The first idea is...