Thank you for tuning in.

On today's episode I talk about the resent resurgence of the value factor.  Being a value investor has been difficult over the past 10 years, especially in the US.  But, the dramatic rebound in the value factor has given investors a nice "shot in the arm" and a reminder that factors can show up quickly and forcefully.

I also talk about Larry Swedroe's research on the reason that we own factors.  We own unique risk factors for diversification purposes.  Any factor, including market beta, can go through long periods of underperformance.

Detailed charts, links, and notes can be found on my blog at www.walhoutfinancial.ca/podacst

Thanks for listening.

Mark