Is value investing a thing of the past -- or future?

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May 05, 2006
they have become bargains. In other words, they look like value stocks. "The dip in valuation for many growth stocks blurs the traditional lines between growth and value," the writer says, "making it increasingly difficult for everyone to agree on which stocks are growth and which are value."



Aha! So growth's not really back, it's just that growth can be purchased at a reasonable price. Kind of like the clearance sale at Macy's where the Jones New York outfit is marked down 50 percent, plus you can take off another 30 percent at the cash register.


The bogey that's hard to beat

Professional money managers have long sought a formula to beat the market, and many consider the Standard & Poor's 500 their benchmark. Some are in the value camp, others the growth camp, and some, a blend of the two.


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