FYI: Coke or Pepsi? Biggie or Tupac? Growth or value?
For decades, investors chose their stock mutual funds from one of two distinct camps. On one side were growth funds, which bought only the most dynamic stocks with the fastest-rising revenues and profits. On the other were value funds, which hunted the bargain bin for stocks with cheap prices relative to their earnings.
Today, just like more people are choosing neither Coke nor Pepsi, investors are pulling out of both growth and value stock funds. Instead, they're pouring cash into broad index funds and other options that don't pigeonhole themselves into one of the two investing philosophies
Regards,
Ted
http://bigstory.ap.org/article/9aacae99b3c84582ba18658ed3253c01/beyond-growth-and-value-investors-are-tired-choosing
