I don't undersant this :
"the returns of value stocks may be higher because of the inherently higher risk in buying value stocks compared to growth stocks. This value premium suggests a higher long-term return to make up for low returns when the market turns south."
Isn't it growth stock that generates lower return during downturn?
"the returns of value stocks may be higher because of the inherently higher risk in buying value stocks compared to growth stocks. This value premium suggests a higher long-term return to make up for low returns when the market turns south."
Isn't it growth stock that generates lower return during downturn?
