Author: The Wealth Training Company

David Einhorn hedge fund investors and founder of Greenlight Capital, a “long-short value-oriented hedge fund” reckons that value investing could have lost its mojo. David Einhorn believes that these are challenging conditions for value investing, as growth stocks have continued to outperform value stocks. David Einhorn writes in a recent investor’s letter to clients that “the market remains very challenging for value investing strategies, as growth stocks have continued to outperform value stocks. The persistence of this dynamic leads to questions regarding whether value investing is a viable strategy. The knee-jerk instinct is to respond that when a proven...