Has value really lost its vigor? While growth stocks have outperformed in the past decade, value returns have largely tracked their long-term historical average.
There’s a misconception in the markets: Value stocks have lost their vigor. But a dive into the data shows value’s recent performance has largely tracked with history. Growth, on the other hand, has been an outlier.Value-Judgments_-Viewing-the-Premium’s-Performance-Through-History’s-Lens-US