
Value Versus Growth: One Firm Reminds You That ‘This Time’ Is Never Really ‘Different’
By Richard Phillips, Chief Investment Officer and Kevin Muir, CFA, Market Strategist, for EastWest Investment Management, and republished here with permission
Albert Einstein once said compound interest was the greatest invention in human history. If Einstein were around today he would be better able to explain the magical effect of compounding, but in his absence, we are going to give it a whirl.
Over the last 80 years ending in 2016, according to Dimensional Fund Research, the fol