Views & News

Mind the value traps: beware the illusion of value

| UK Equities
Michael Ulrich
17 Dec 2019
  • We have believed for some time that many growth stocks are expensive.
  • However, in our view, the stocks in the MSCI UK Value bucket present an equally good way to lose money.
  • In this paper, we explain the nature of the value traps and how we are sidestepping them, whilst also avoiding overpriced growth.
     

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