Tweedy Browne recently released a great paper titled – The Historical Tug of War Between Growth and Value, which shows that empirically a differential of at least 1,000 basis points in favor of Growth has been followed by a significant shift to Value. Here’s the chart:
Value Growth Tug Of War FUNDS, 20201231
You can find the original paper here:
Tweedy Browne – The Historical Tug Of War Between Growth And Value
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