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value stocks

The under-performance of value stocks explained

  • by Rodney Smith
  • Posted on August 8, 2019December 14, 2025
  • Part 4: Principles of Operation

There is a lot of talk currently about the underperformance of value stocks compared with growth stocks over the last fifteen years. In fact, value investing has performed well against all other styles. This seeming contradiction comes from the fact that value investing and investing in value stocks are not the same thing.

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