3523: Is Value Investing Dead by Vitaliy Katsenelson of Contrarian Edge on Value Investing
Optimal Finance Daily - Financial Independence and Money Advice
Optimal Living Daily LLC
4.5 • 1.3K Ratings
🗓️ 12 April 2026
⏱️ 12 minutes
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| 0:00.0 | Jamie Lang and Sophie Haboo have arrived on Disney Plus. |
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| 0:31.0 | This is Optimal Finance Daily. Is Value Investing Debt by Vitaly Kassanelson of Contrarianedge.com. |
| 0:40.0 | Question. |
| 0:41.5 | According to many market commentators, value investing doesn't work the way it used to, |
| 0:47.3 | and some tout statistics that growth has outperformed value over the last decade. |
| 0:52.7 | How do you rebut that view? Answer. There are two answers to that |
| 0:58.2 | question. My first answer is within the bounds of your growth and value constructs, wherein you take a |
| 1:04.8 | valuation metric, let's say price to earnings, and divide the market into two halves, the top expensive half to find as |
| 1:13.0 | growth stocks, and the bottom cheap half, the value stocks. That's a very arbitrary and crude way to look at it, |
| 1:20.8 | but this is what research services do to make this growth versus value comparison. |
| 1:26.6 | Growth companies by definition have higher valuations, |
| 1:30.2 | as the bulk of their earnings are expected, a very important word, to happen in the future. |
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