, Columnist
Value Investing Is Getting a MAGA Bump
Donald Trump’s economic agenda is turning international value traps into gold mines.
Trump’s unconventional economic policies are forcing global asset managers to look diversify.
Photographer: Nick Paleologos/BloombergValue investing has been out of style for over a decade. Even Warren Buffett, who began his career as a deep-value investor, flipped the formula and favored quality businesses.
But cheap, unloved companies outside of the US are starting to outperform. Year-to-date, international value stocks beat the S&P 500 by more than 10 percentage points.