Cash is still king.
[munger]
UBS’s Global Quantitative Equity Strategy research team published a research note yesterday which asked a question that value investors have been asking for years now: What happened to Value, and when will it return?
As the title implies, the note looks at the recent performance of value as a strategy. The report also considers why value seems to have stopped working, and if it might return.
Further reading:
- FANGs Set To Underperform During 2016: Buy Value
- The S&P 500 Will Hit 3,500 By 2025: It’s Time To Buy Value
- Is Value Set For A Comeback?
Cash Is Still King - Value: Changing demographics
A previous research document from UBS, which looked at a...

