Value investing is back. But is it really?
Jack Forehand showed that despite the impressive results over the last 12 months, there is more to the story than just value leading the charge. He writes:
When you adjust for quality and size, it turns out that value has not outperformed much at all off the bottom, even though many value funds have more than doubled the market.
Jack built a 3-factor portfolio over the last year …
Jack Forehand showed that despite the impressive results over the last 12 months, there is more to the story than just value leading the charge. He writes:
When you adjust for quality and size, it turns out that value has not outperformed much at all off the bottom, even though many value funds have more than doubled the market.
Jack built a 3-factor portfolio over the last year …
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