This is an apparently (?) mainstream econ paper arguing that "value investment" strategies make money because they are contrarian to "naive" strategies, i.e. "dumb money" http://lsvasset.com/pdf/research-papers/Contrarian-Investment-Extrapolation-and-Risk.pdf … .
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for the past 10-15 years, roughly? I suspect this is a good overview but can’t it to load! https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3554267 …
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Is that a long enough time frame to evaluate this?
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