Another story in the value vs growth investing annals. A 30 year old $10 billion value investing fund is shutting down ($). Although he is shutting down, Mr. Aronson is convinced value investing isn’t dead. When will it come back to life? “All records have been broken, so past experience is meaningless,” he says—“except in knowing the drought will end.” He bears down hard on the word “except.”
What I read today October 26, 2020
What I read today October 26, 2020
What I read today October 26, 2020
Another story in the value vs growth investing annals. A 30 year old $10 billion value investing fund is shutting down ($). Although he is shutting down, Mr. Aronson is convinced value investing isn’t dead. When will it come back to life? “All records have been broken, so past experience is meaningless,” he says—“except in knowing the drought will end.” He bears down hard on the word “except.”