The death of value investing: Time to buy?

Exactly what inspires the scorn often heaped upon value investors is hard to know. Perhaps it's simply jealousy born of its proponents long-term outperformance of the market (see Buffett’s Superinvestors of Graham-and-Doddsville), or maybe that many don’t fit the typical fund manager profile and shy away from the limelight (who, for example, until very recently had ever heard of Ted Weschler?).Somehow, despite all the evidence to the contrary (see here), it’s never too hard to find a value-basher, often at the time when the approach is needed most.Recently, for example, the Australian Financial Review ran this article on the death of...

Exactly what inspires the scorn often heaped upon value investors is hard to know. Perhaps it's simply jealousy born of its proponents long-term outperformance of the market (see Buffett’s Superinvestors of Graham-and-Doddsville), or maybe that many don’t fit the typical fund manager profile and shy away from the limelight (who, for example, until very recently had ever heard of Ted Weschler?).

Somehow, despite all the evidence to the contrary (see here), it’s never too hard to find a value-basher, often at the time when the approach is needed most.

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