Nov 17 2008
Value vs. Growth Debate
Premium Content readers will find new information on the Value vs. Growth debate in an entry posted this morning. The evidence to tilt a portfolio toward value is anything but clear cut and I needed to change my prior position where I favored value ETFs over growth ETFs.
New evidence, at least for me, is that the value/growth debate is not where we should be moving to construct higher return and lower risk portfolios. Instead, one should concentrate in selecting ETFs that have low correlation, low P/E ratios, low Price/Book ratios, and generate high yield. Look for these developments in the construction and management of the portfolios tracked over on the Premium side of this blog.
Photograph: Mykonos
Premium subscription available for $6.99 per month.
Sphere: Related Content