Views of a Top Growth Manager

It’s a perennial debate among market wonks: when will growth stocks finally stop outperforming value stocks for more than a short period? And what has driven the outperformance? Daniel Davidowitz, co-head of the large-company growth team at Polen Capital Management, offers his take. First, he says, you have to deconstruct the meanings of “growth” and “value.”

Mentioned in this podcast:

Is Value Dead? Debate Rages Among Quant Greats From Fama to AQR

Stocks’ Covid Angst Takes Violent Turn After Simmering for Days

See omnystudio.com/listener for privacy information.