Value Strategies Almost Always Outperform Growth Strategies
It’s a debate that’s been raging for as long as equity markets have been in existence, which is the best strategy: value or growth? If you look to the numbers, however, value strategies almost always outperform growth strategies. And there’s plenty of evidence to support this statement. Value versus growth “Value Versus Growth: The International Evidence,” is a key study on the topic. Published during 1997 and co-written by renowned finance professors, Eugene Fama of the University of Chicago Graduate School of Business and Kenneth R. French, a former Chicago faculty member now at the Yale School of Management supports...