The Veteran - Identifying Value Stocks
Last week we talked about the concept of value as an investment style or factor and some of its attributes.
We saw how value had dramatically underperformed growth, over not only in 2020 but for many years before that.
And we touched on the idea that the reopening and reflation of the global economy should favour Value and that this could be fast-tracked by the discovery of viable Covid vaccines.
We have had a glimpse of what that rotation from growth into value might look like, just as we did back in early May, but as the initial, the vaccine