Value investing is dead: Peter Hargreaves' stark prediction for 2021

'Old economy' will not return to previous highs

David Brenchley
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Blue Whale's Peter Hargreaves
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Blue Whale's Peter Hargreaves

Value investing is dead, with much of the 'old economy' unlikely to return to previous highs, Blue Whale's Peter Hargreaves has predicted.

In a blog post, Hargreaves said he was "amazed" at the number of professional fund managers who "act as though the world has not changed" and "cling to the hope that the companies and industries exposed...

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