Goldman’s “The death of value” and what being contrarian means

In Subscribers only by Cam Hui

Recently, Ben Snider at Goldman Sachs published a report entitled “The Death of Value”, which suggested that the value style is likely to face further short-term headwinds. Specifically, Snider referred to the Fama-French value factor, which had seen an unbelievable run from 1940 to 2010 (charts via Value Walk).     Goldman Sachs went on to postulate that the value ...
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