Why One Of The Oldest Investing Strategies Has Been Doing Terribly
Why One Of The Oldest Investing Strategies Has Been Doing Terribly
(Bloomberg) --
Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics.
One of the oldest, most basic strategies in investing is value investing, which, for lack of a better way to put it, means "buy stocks that are cheap." Value investing, a style associated with Warren Buffett, systematically attempts to uncover low-priced stocks. But by many measures, value investing hasn't been working recently, as high-priced growth stocks (think: technology) have trounced cheap stocks. On this week's episode, we speak with Chris Meredith, Co-CIO of O'Shaughnessy Asset Management about what's behind this underperformance, and why that may be coming to an end.
To contact the editor responsible for this story: Laura Carlson at lcarlson21@bloomberg.net
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