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20-year period from 1997-2017: $100,000 initial investment

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MSCI world value vs growth since 2009, rebased 23.09.2009=100

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Rolling 10-Year Value-Growth Cumulative Return Differential %

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Rolling 5-Year Value-Growth Cumulative Return Differential %

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Rolling 3-Year Value-Growth Cumulative Return Differential %

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Calendar Year-Growth Cumulative Return Differential %

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Calendar Year-Growth Cumulative Return Differential %

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Long-term real return estimates for major asset classes

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Housing bubble reblown

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S&P 500 annual price returns (1927-2016)

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