Dr. George Athanassakos argues that value stocks beat growth stocks not because value stocks produce such an outstanding long-run performance but rather because growth stocks earn terrible long-term returns in his latest article, titled “The reason behind the long-term underperformance of the so-called growth stocks,” published in the Globe and Mail (Report on Business), p. B10. The article also appeared in the Globe Investor Magazine Online, under the title “The truth about long-term returns of growth and value stocks” on November 5, 2024. View PDF.