

THE TURTLE USUALLY WINS THE RACE | CROUCH CONNECTION, September 2017
THE TURTLE USUALLY WINS THE RACE Every few years, our industry has a debate regarding the relative value of using a growth-oriented investment strategy or a value-oriented strategy. Depending on the year, at times the growth strategy looks to be the best strategy and sometimes the value strategy wins. This year, in our opinion the growth guys and girls are clearly winning the debate as growth managers have out-paced the value group by several percentage points. Over the yea