RobinAllenson

The Pendulum Will Swing Back to Value Stocks

"Given that growth rarely outperforms value for any stretch of time, I believe that the relative outperformance of value must be just around the corner" -- it ain't necessarily so. There have been a number of 3, 5 and much longer stretches where growth has beaten value, but just not in the last while. The key questions remain: when and why do value beat growth and why? I expect growth to be the right bet for some time yet.