Friday Morning Coffee Nr. 60: Widowmakers

070619 Friday Morning Coffee

Friday Morning Coffee Nr. 60: Widowmakers

The investment community is known for its colourful narratives. However, we could not help but smile when we read in a recent Bloomberg article that value stocks were newly dubbed “widowmakers”. This term reminds of the paintings on the bombs mounted on fighter aircrafts before combat. Have value stocks become financial weapons of mass destruction ? The performance of value stocks in comparison to growth stocks has arguably been unimpressive since the financial crisis.