(Value's overall
outperformance over growth is about 3 % a year on average over very long periods of time, says Kirzner.)
Not exact matches
That's the longest period of
outperformance by
growth over 40 years of tracking the two styles, according to LPL Financial.
It is worth noting that the
outperformance of
growth stocks
over value ones in this analysis period appears to directly contradict the value effect in the classic three - factor model.
Over the last 10 years, we've seen one of the longest periods of
growth outperformance — possibly the longest ever.
I started doing this just as small cap value's period of
outperformance was ending, and
growth was taking
over.
I'm anxious to see if Hussman will be able to maintain his absolute
outperformance until the next bear market, and in an environment where
growth possibly dominates
over value.
«
Over the past 10 years, as all real estate has become more institutionally accepted, strategies have been developed to essentially gain alpha —
outperformance on the fund side or REIT performance side from the standpoint of both current income and long - term
growth,» he notes.