Glamour stocks - Over the long-term, value investing as a style outperforms growth (if you’re looking for the evidence to support this statement, you can find it here, here and here). We’ve known this to be the case for the past five decades. Why then does growth remain a popular strategy?
This question formed the basis of a recent study conducted by Anderson, Keith P. and Zastawniak, Tomasz. The results of the study were published at the end of October in a paper entitled, Glamour, Value and Anchoring on the Changing P/E.
Citation: Anderson, Keith P. and Zastawniak, Tomasz, Glamour,...
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