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My Favorite Value Funds
Over the last couple of years fund investors have been a lot like tourists in New York City: Seemingly sensible decisions may have left you in a very, very bad neighborhood.
Growth funds stuffed to the gills with tech stocks rang up eye-popping gains and got the lion's share of investors' money the past two years. Now that the perennial value-growth cycle has swung back to value funds -- which hunt for bargains and rarely hold fat tech stakes -- we all see the value of holding both growth and value funds. ...
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