A great market shift is coming in 2020, top investor says

A great market shift is coming in 2020, top investor says

As stocks cross into the next decade at records, one top investor sees a major market shift underway.

Rob Arnott, chairman at Research Affiliates, says it’s time to get back into value as its years-long downtrend begins to reverse.

“We’ve seen more and more people give up on the idea of value investing, which we think is a little strange because we’re in the only major industry in the global macro economy where people hate bargains,” Arnott said on CNBC’s “Trading Nation” on Thursday. “Value has been battered down now for 12 years, most particularly from 2015 to 2019, so the last five years have been daunting. Value is cheap.”

 

This is pretty much my belief, I’m Heavily invested in uranium, shipping and oil shares.

 

One can only hope. Have overweighted Value focused Funds in recent times. Then again I’m not all that fussed what happens given we’re being paid an income stream whilst so called experts examine their crystal balls. Total return vs income stream debate is of little interest given the state of Value investing at this point in time. I’m content with the product we’ve invested in and lose no sleep in regard to whether these beat the index or not.

 

In retrospect I probably have always been overweight in value focused funds.

They're called LICs.