Aswath Damodaran’s recent series on value investing is absolutely fantastic. He takes you through the history of both value as analytical style and value as statistical factor, and then summarises all the possible reasons it’s not done well since 2010. aswathdamodaran.blogspot.com/2020/10/value-
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Another way of describing this series is “take me to the meta on value in as few words and as few blog posts as possible.”
It’s that good.