According to this study, value stocks (Russell 1000 Value Index) have outperformed growth (Russell 1000 Growth Index) stocks since their creation in December 1978. However at the height of the bubble, growth stocks were far ahead. Over 100% of the outperformance has come in the last five years.
The thesis is that the outperformance may be due to swing back to the growth side.
No comments:
Post a Comment