Posted by on Jan 12, 2020 in Articles & Advice, Blog, Columns, Featured |

Image Credit: F. Martin Ramin



By Jason Zweig | Jan. 10, 2020 11:36 am ET


Pop quiz: Name the giant store whose customers scoff at whatever goes on sale, but flock to buy whatever costs the most.

It isn’t a supermarket. It’s the stock market — especially over the past decade, when value stocks have moldered in the bargain bin. Such companies, trading at low prices relative to their earnings, net assets or other measures, have underperformed pricier growth stocks by one of the longest and widest margins on record….


To read the rest of the column:


For further reading:


Benjamin Graham, The Intelligent Investor

Jason Zweig,The Devil’s Financial Dictionary

Jason Zweig, Your Money and Your Brain

Jason Zweig, The Little Book of Safe Money


Articles and other resources:

Reports of Value’s Death May Be Greatly Exaggerated” (Research Affiliates)

Fact, Fiction, and Value Investing” (AQR)

Volatility Lessons” (Eugene F. Fama and Kenneth R. French)

Factors from Scratch” (Jesse Livermore et al.)

How Inflation Makes the ‘Value’ Factor a Sector Bet” (Lawrence Hamtil)

Value Should Do Better, But When Is Anybody’s Guess

Value Stocks Are Hot—But Most Investors Will Burn Out

Stock Picking for the Long, Long, Long Haul

Can Big Tech Stocks Grow Without Limits?

Amazon’s 49,000% Gain: The Most ‘Super’ of ‘Superstocks’ Since 1926