Here, There, and Everywhere — Value Wins

Think value is overrated? Think again. In a recently released Swiss Finance Institute Research Paper, Nilufer Caliskan and Thorsten Hens of the University of Zurich looked at value and growth stock returns across 41 different countries, and found that in every one, value outperformed over the long term. “In this study, we provide strong empirical evidence that the value premium exists world wide and differences across countries can be explained by differences in risk aversion… Read More