{"id":453,"date":"2021-06-19T15:04:53","date_gmt":"2021-06-19T13:04:53","guid":{"rendered":"https:\/\/abrias.cyon.site\/placements-axes-sur-la-valeur\/"},"modified":"2021-06-24T16:07:40","modified_gmt":"2021-06-24T14:07:40","slug":"placements-axes-sur-la-valeur","status":"publish","type":"page","link":"https:\/\/www.abrias.ch\/fr\/placements-axes-sur-la-valeur\/","title":{"rendered":"Placements ax\u00e9s sur la valeur"},"content":{"rendered":"<p><div class=\"et_d4_element et_pb_section et_pb_section_0 ab-hero-image et_pb_with_background  et_pb_css_mix_blend_mode et_section_regular et_block_section\" >\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div><div class=\"et_d4_element et_pb_section et_pb_section_1  et_pb_css_mix_blend_mode et_section_regular et_block_section\" >\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_d4_element et_pb_row et_pb_row_0  et_pb_css_mix_blend_mode et_block_row\">\n\t\t\t\t<div class=\"et_d4_element et_pb_column_4_4 et_pb_column et_pb_column_0  et_pb_css_mix_blend_mode et-last-child et_block_column\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_module et_d4_element et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_text_inner\"><h1>Placements ax\u00e9s sur la valeur<\/h1><\/div>\n\t\t\t<\/div><div class=\"et_pb_module et_d4_element et_pb_image et_pb_image_0\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<span class=\"et_pb_image_wrap \"><img loading=\"lazy\" decoding=\"async\" width=\"1600\" height=\"757\" src=\"https:\/\/www.abrias.ch\/wp-content\/uploads\/value_vs_growth_investing_DE_EN_FR_w1600.png\" alt=\"Value Investing vs. Growth Investing\" title=\"Value Investing vs. Growth Investing\" srcset=\"https:\/\/www.abrias.ch\/wp-content\/uploads\/value_vs_growth_investing_DE_EN_FR_w1600.png 1600w, https:\/\/www.abrias.ch\/wp-content\/uploads\/value_vs_growth_investing_DE_EN_FR_w1600-1280x606.png 1280w, https:\/\/www.abrias.ch\/wp-content\/uploads\/value_vs_growth_investing_DE_EN_FR_w1600-980x464.png 980w, https:\/\/www.abrias.ch\/wp-content\/uploads\/value_vs_growth_investing_DE_EN_FR_w1600-480x227.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1600px, 100vw\" class=\"wp-image-584\" \/><\/span>\n\t\t\t<\/div><div class=\"et_pb_module et_d4_element et_pb_text et_pb_text_1  et_pb_text_align_left et_pb_bg_layout_light\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_text_inner\"><p>Le style de placement des investissements ax\u00e9s sur la valeur a fait ses preuves depuis des d\u00e9cennies et exclut tout d\u00e9bat sur l\u2019efficience des march\u00e9s, m\u00eame si, par exp\u00e9rience, nous sommes convaincus qu\u2019ils ne se comportent pas toujours de mani\u00e8re rationnelle, du moins \u00e0 court terme.<\/p>\n<p>Nous pensons qu\u2019ils sont plut\u00f4t de nature \u00abmaniaco-d\u00e9pressive\u00bb: l\u2019humeur du march\u00e9 global peut d\u2019un instant \u00e0 l\u2019autre basculer d\u2019un optimisme flirtant avec l\u2019euphorie au pessimisme et \u00e0 l\u2019incertitude les plus profonds. Cela m\u00e8ne couramment \u00e0 des sur\u00e9valuations exacerb\u00e9es de certaines entreprises, dues \u00e0 des envol\u00e9es extr\u00eames du prix des actions ou, au contraire, \u00e0 des sous-\u00e9valuations d\u2019entreprises, dues \u00e0 de forts reculs.<\/p>\n<p>Nous sommes convaincus des avantages de la m\u00e9thode d\u2019investissement ax\u00e9e sur la valeur et investissons exclusivement dans des soci\u00e9t\u00e9s qui pr\u00e9sentent un \u00e9cart important par rapport \u00e0 leur juste valeur potentielle. Nous agissons alors en notre qualit\u00e9 d\u2019entrepreneurs et consid\u00e9rons notre engagement comme un achat sur le moyen \u00e0 long terme d\u2019une petite partie de la soci\u00e9t\u00e9\u00a0\u2013 et non comme la simple acquisition d\u2019un certificat repr\u00e9sentatif d\u2019actions.<\/p><\/div>\n\t\t\t<\/div><div class=\"et_pb_module et_d4_element et_pb_text et_pb_text_2 ab-chart-caption  et_pb_text_align_left et_pb_bg_layout_light\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_text_inner\"><p>Graphique\u00a0: Investissement ax\u00e9 sur la valeur\/valeur intrins\u00e8que (<em>value<\/em>) vs valeurs de croissance (<em>growth<\/em>). \u00c9volution de la valeur d\u2019un dollar am\u00e9ricain investi de\u00a01927 \u00e0\u00a02020. Ibbotson\u00a02021<\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-453","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.abrias.ch\/fr\/wp-json\/wp\/v2\/pages\/453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abrias.ch\/fr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.abrias.ch\/fr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.abrias.ch\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abrias.ch\/fr\/wp-json\/wp\/v2\/comments?post=453"}],"version-history":[{"count":6,"href":"https:\/\/www.abrias.ch\/fr\/wp-json\/wp\/v2\/pages\/453\/revisions"}],"predecessor-version":[{"id":591,"href":"https:\/\/www.abrias.ch\/fr\/wp-json\/wp\/v2\/pages\/453\/revisions\/591"}],"wp:attachment":[{"href":"https:\/\/www.abrias.ch\/fr\/wp-json\/wp\/v2\/media?parent=453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}