Nomad Investment Partnership On Why The Debate Over Growth And Value Is Unnecessary

The value vs. growth debate is one of the oldest arguments of the investment world. Value investors generally believe they have the right strategy, and until the financial crisis, the returns appeared to justify this conclusion.

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However, growth investors have ruled since 2009. And before that, growth investing could be a lucrative strategy, although evidence suggests it was hard to make money as a growth investor until the last decade.

The difference in returns over the past few decades between value and growth investing assumes it's easy to draw a line between the two strategies.

That is not necessarily the case. It is generally assumed...