
The Best Investment Writing Volume 5: Jack Vogel, Alpha Architect - Value Investing: An Examination of the 1,000 Largest Firms
The Meb Faber Show - Better Investing
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Value Beats Growth No Matter Which Metric One Used
Academics have studied how value stocks perform relative to gross stocks. The big picture takeaway is that value beat growth no matter which metric one used. It may be the case that firms three and four are growing at a faster rate, but active managers wouldn't lose 80% of the time over five years.
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