The Death of Value Investing!

The cactchy title aside, we jest . . . to an extent.

We will let the pure data speak for itself.

http://quicktake.morningstar.com/FundNet/Snapshot.aspx?Country=USA&Symbol=DODFX&pgid=hetopquote

http://quicktake.morningstar.com/FundNet/Snapshot.aspx?Country=USA&Symbol=LMVTX&pgid=hetopquote

http://quicktake.morningstar.com/FundNet/Snapshot.aspx?Country=USA&Symbol=LMOPX&pgid=hetopquote

http://quicktake.morningstar.com/FundNet/Snapshot.aspx?Country=USA&Symbol=LOPEX&pgid=hetopquote

http://quicktake.morningstar.com/FundNet/Snapshot.aspx?Country=USA&Symbol=JCVIX&pgid=hetopquote

http://quicktake.morningstar.com/FundNet/Snapshot.aspx?Country=USA&Symbol=DODGX&pgid=hetopquote


We don't really mean that value is dead, but to rather prove what we have repeated many times. We paraphrase from Marc Faber. THERE IS NO SINGLE INVESTMENT STRATEGY THAT CAN CONTINUALLY OUTPERFORM YEAR IN AND YEAR OUT IN ALL MARKET CONDITIONS.

To which we add, John Paulson, George Soros, and Paul Tudor Jones are exceptions!