There has been a lot of talk about the death of value investing.
Over the past decade, underplaying tech stocks has been costly. Value strategies have emphasized sectors that have done relatively poorly, such as financials. Technology stocks, meanwhile, have led the market and continue to do so. The U.S. Federal Reserve and other central banks changed the rules a decade ago through a massive quantitative easing, including large-scale asset purchases and risk-taking without consideration for fundamentals.
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