There is no definitive answer when it comes to choosing between growth and value investing. The right decision ultimately depends on an investor’s time horizon, risk tolerance, and outlook on overall market conditions. A risk-averse, long term investor may prefer a value-focused strategy for its relative stability, while those with a higher risk tolerance might opt for a growth-heavy portfolio with greater upside potential. In practice, most benefit from a diversified approach, reaping the benefits of both styles while mitigating risk.

Still, after years of underperformance, skepticism towards value investing remains widespread. Even though value has taken the lead this year, many are skeptical. Funds tracking the value index have seen outflows in single digit billions of dollars through the first half of the year. 

However, if this year’s performance is any indication, value still deserves a place in the conversation. A careful eye on market conditions and trends—particularly when it comes to Big Tech and artificial intelligence—is key to making an informed decision. For those willing to look past recent history, there are many opportunities in the value space well worth exploring.