The Neglect of Value Investing and Its Relevance Today
The recent underperformance of value investing has raised concerns about its future viability, but is it really broken? According to experts, the neglect of value is more likely due to the market's fixation on a handful of winning stocks rather than any structural impairment of value stocks themselves. In fact, there are plenty of fundamentally attractive companies that have been neglected in recent years and are now very affordable, creating potential opportunities for investors. With a focus on quality, selective investing in undervalued but high-quality companies could offer promising returns in the long run.