Meb Faber on value outperforming growth: "It could last the better part of the next decade"

Value stocks haven’t done great for the past decade, but we’ve seen a massive rebound over the past year, and there has been a regime change.  Over the past six months, all the big momentum funds have been rotating into value stocks and away from growth stocks.  In historical context, value stocks have barely budged off the bottom, so there’s quite a way to go.  It could last the better part of the next decade.

~ Meb Faber, "Designing a Portfolio With Crypto, Cannabis, and Value in Mind," Barron's, July 3, 2021