WTK THE CONTRARIAN
Updated 79 days ago
Adding to the Relative Valuation Narrative, value investors have seen the performance of value stocks trounced by growth stocks over the past 13 years, causing innumerable fund & hedge fund closures, which have further delayed a rotation into the most attractively priced value equities. The price discovery process has ultimately been delays by seemingly never ending price insensitive and valuation insensitive fund flows.