Avantis Investors and Professor Sunil Wahal, Ph.D., discuss the latest research on expected returns with a focus on the joint relationship between value and profitability, and its implications for long-only and long horizon investors. Recent research that delves into the use of various proxies for value and profitability is also addressed.
Sunil Wahal, Ph.D., is the Jack D. Furst Professor of Finance and Director of the Center for Investment Engineering at the W.P. Carey School of Business, Arizona State University. Before joining the ASU faculty in 2005, Dr. Wahal served on the faculty at Emory University and Purdue University.