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The Value Growth Paradime?
The value growth paradime has become such a pervasive way of thinking about and categorizing investments. Now we have the rise of factor investing, which is less about growth and more about value,. quality, momentum, a defensive, some other categories. Do you think this dicodomy will last in this kind of rise of new factors where growth really isn't one of them? How do you think will categorize funds in the future?