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George Davis, Hotchkis & Wiley - We’re In Unchartered Territory Right Now | #339

The Meb Faber Show - Better Investing

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Growth Versus Value Opportunity - What You Think

We're o unchartered territory right now, and it's been built ver the last ten or 11 years, where grow stock leadership has been dramatic. And so when you look at either prices relative to medium valuation cross markets, or even with intersectors, spreads are really high. So i think you need to be a bit selective in this market. The returns that you're going to have on that stream of earnings depend on the price you pay.

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