O value, where art thou?
from CFA Institute's Enterprising Investor
It’s been 15 years since the Coen Brothers’ Oscar-nominated film O Brother, Where Art Thou? was released. Loosely based on Homer’s The Odyssey, the satirical tale follows three escaped convicts as they run from the law in search of buried treasure. For nearly the same length of time, value stocks — those bargain-priced shares which often pay higher dividends — have underperformed growth stocks.
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