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May 29, 2023
Highlights From Ben Graham Value Investing Conference
If value investors had a theme song, it might just be Tina and Ike Turner’s Proud Mary:
“You see we never ever do nothing
Nice and easy
We always do things nice and rough…”
And rough is how you’d describe the drubbing value investors have taken for the past decade. Total returns from growth strategies trounced those from value investors although, historically, value has the edge with 4.1% average outperformance since 1927. ...