Logic and data provide the basis for a positive expected value premium, offering a guide for investors targeting higher potential returns. Read Dimensional Fund Advisor's article, "When It's Value vs. Growth, History Is on Value's Side.," HERE. Largest 10 US stocks at the start of each decade. Eugene Fama and Ken French are members of the Board of Directors of the general partner of, and provide consulting services to, Dimensional Fund Advisors LP. The information in this … [Read more...] about When It’s Value vs. Growth, History Is on Value’s Side.
From 1928-2017 the value premium in the US had a positive annualized return of approximately 3.5%. In seven of the last 10 calendar years, however, the value premium in the US has been negative. This has prompted some investors to wonder if such an extended period of underperformance may be cause for concern. But are periods of underperformance in the value premium that unusual? We can look to history to help make sense of this question. SHORT-TERM RESULTS Exhibit 1 shows yearly … [Read more...] about Where’s the Value?