Garraway's Schembri: There's value somewhere in value
Avoiding the usual traps
Malcolm Schembri of Garraway Capital Management
Much ink has been spilt on the so-called demise of value investing. Despite overwhelming empirical evidence demonstrating otherwise, many minds are set on the misconception that stock markets are now being driven by the Federal Reserve.
Market consensus seems to be that fundamentals no longer matter; value investing is dead, and growth investing is the flavour of the month. What do we think of value investing? For many investors,...
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