Value stocks have underperformed growth stocks since 2006, but should be a good bet for this decade.
Pietari is featured in today’s Telegraph.
Finnish newspaper Kauppalehti writes that Finnish investor Pietari Laurila has become one of the ten most popular investors on the eToro platform. “In the current environment, it is important to protect your capital from inflation,” says Laurila. “The last time inflation was high was in the 1970s. Then, the best investments were value stocks, real
Summary The U.S. stock market looks expensive, judging by the Shiller CAPE ratio. But CAPE should not be used to time the market. Persistently low (real) interest rates imply that the market can stay expensive for a long time. For those willing to deviate from the index, value stocks offer higher expected returns than the