Cathie Wood Faces Off With Rob Arnott Over Growth Vs. Value

The push and pull between growth and value is an age-old story that has particular implications for today. Cathie Wood of ARK Investment Management and Rob Arnott of Research Affiliates joined Morningstar's Daniel Needham at the Morningstar Investment Conference last week to talk about growth and value in the market.

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Value Will Mean Revert

Needham asked Arnott whether he believes the valuation spread between growth and value will close and whether value will catch up with growth or if things have changed. Arnott noted that people always say things are...