Welcome to another episode of Think Smart with TMFG, your go-to podcast for newsworthy and relevant financial insights for Canadians. Join your hosts, Senior Financial Advisor Rob McClelland and Mike Connon from Assante Capital Management, as they delve into the pressing question: "Does Value Matter Anymore?"
This week, Rob and Mike explore an insightful article by Richard Bernstein discussing the current state of value investing in today's market. Despite value investing's underperformance compared to growth investing over the past 20 years, they emphasize its long-term benefits and why it remains a cornerstone of their investment strategy.
Using relatable analogies like grocery shopping at Walmart vs. Longo's, they break down the concept of value investing and its historical outperformance. They also touch on the human tendency to follow trends and how this impacts market behavior, particularly with high-flying tech stocks like Google, Apple, and Nvidia.
Join Rob and Mike as they share personal stories and practical examples, from buying groceries and houses to choosing the right car, all to illustrate the enduring principles of value investing. Learn why patience and a focus on value can lead to sustainable long-term gains, even in a market enamored with growth.
Tune in to understand why value investing is not just a strategy but a mindset that could be crucial for your financial future.