A recent article by Dougal Williams, CFA highlights the ongoing battle between value and growth in the investment world, giving food for thought in why your portfolio should always be well-diversified. It’s been 15 years since the Coen Brothers’ Oscar-nominated film O Brother, Where Art Thou? was released. Loosely based on Homer’s The Odyssey, the satirical tale follows three escaped convicts as they run from the law in search of buried treasure. For nearly the same length of time, value stocks – those bargain-priced shares which often pay higher dividends – have underperformed growth stocks. As a result, investors who favor value stocks must certainly feel like they are on an unrewarding investment odyssey of their own. How can this be? Aren’t value stocks supposed to deliver higher returns than growth stocks? To read the entire article, click here.