Why The Term “Value Investing” Is Redundant

Over the past ten years, value stocks have struggled to keep up with the broader market. Q3 2019 hedge fund letters, conferences and more The Russell 2000 Value Index, for example, has underperformed the S&P 500 by 57% since November 2009, excluding dividends. If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. Investors and Wall Street analysts have been trying to understand the reasons behind this performance for years. The value factor’s underperformance is a relatively new phenomenon, and over the long term, value stocks are…