Value managers Diana Strandberg and Charles Pohl discuss their fund's underperformance of the S&P 500 as growth surpassed value in recent years. The result has been more opportunities arising, particularly in financials, energy and emerging markets.
"What I'd note is, conditions can change direction quickly and so we find that too many investors jump in and out at just the wrong time, and we think that having patience and persistence in retaining a long-term view are essentials to long-term investing success," Strandberg said.
Watch the video of the conversation here.
