January 20, 2016
Down To The Wire: A Vanishing Value Premium?
By Weston Wellington
Vice President Dimensional Fund Advisors
” Value stocks underperformed growth stocks by a material margin in the US last year. However,the magnitude and duration of the recent negative value premium are not unprecedented. This column reviews a previous period when challenging performance caused many to question the benefits of value investing. The subsequent results serve as a reminder about the importance of discipline.“
To read more: OPEN PDF