1min chapter

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#34: Michael Green On Detecting The Greatest Value In Markets Today

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Negative Correlation Between Growth and Market Performance

The value factor has now effectively become negatively correlated with the market performance. The risk is not that you are missing out an incredible opportunity to buy value stocks, but more that people are overexposed to what we would think of as growth or momentum names.

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