4 Value Stocks Billionaires Can't Stop Buying
Since the end of the Great Recession, growth stocks have crushed value stocks. Precipitously low interest rates and a dovish Fed have encouraged fast-paced companies to borrow at cheap rates in order to hire, innovate, and expand.
But this pattern may be nearing an inflection point. Historically, value stocks have outpaced growth stocks over the very long term. Further, there's been a clear-cut outperformance seen in value stocks during the early stages of an economic recovery. This historic outperformance doesn't seem to be going unnoticed by the world's most successful investors.
During the fourth quarter, billionaire money managers piled into four well-known value stocks.
Source Fool.com
