Relocating Value
An Unwarranted Demise. Value investors in the U.S. extol the virtues of patience and resolve as their under-performance reaches two decades. For those attentive to the changing world around them, the tail told for the demise of value investing is incoherent with the global reality. Value investing is thriving in the regions where one would expect it: those with high fixed investments. China and other countries that are the goods export engine of the world delivered impressive