ahh, well now you're arguing from a buy-and-hold standpoint. I'll admit I mostly speak under the assumption that most folks here are not buying-and-holding. My recommendation was only for this coming year, or maybe 2.
You may be right about value being the superior strategy (now) considering the nasdaq was ~ 75% off its peak of 4700 in Jan 03, but i think from 1999 prior, growth strategies actually was historically superior or, if not, very very close. The only superiortypes of stocks i'maware of either 99' or today, is small caps are about a good 2% better than large caps, i believe, historically.
Growth stocks destoyed value in the 90s.
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