Reported about 1 month ago
Scott McBride, CEO of Hotchkis & Wiley Capital Management, has achieved a perfect investment record with all ten of the firm's mutual funds outperforming their benchmarks over three and five years. This success challenges the notion that active value investing has become obsolete in a market dominated by growth and passive funds. Despite the general struggles of value stocks, McBride attributes their success to finding undervalued companies amidst market inefficiencies, highlighting the ongoing potential for stock pickers even in challenging market environments.
Source: YAHOO