The Collision of Fundamentals and Technicals: New GICS Sector Definitions
Fundamental bottom-up investors like ourselves generally steer clear of technical indicators as they often lay diametrically opposite to our value investing framework (i.e. top-down, short-term, algorithmic, etc.). However, significant changes to the Global Industry Classification Standard (GICS), one of the most widely used frameworks to delineate sectors, will come into effect on Friday, September 28, 2018 and is worth reviewing given several names […]
