Maria Vassalou on the Small-Cap Effect
Masters in Business
00:00
Value Versus Growth
When GDP is growing rapidly I would assume you would want growth stocks. When things are going sideways there's a greater margin of safety with value and that's the way to go. That's why you saw last year for instance when GDP growth started becoming a little bit more muted and expectations were for a lower GDP growth going forward value stocks outperformed growth by a huge margin right big disparity.
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