Value (investing) is dead. Long live value investing. Such certainly seems to be the mantra as investors continue to pile into growth stocks while rationalizing valuations using methodologies which historically have not worked well.
However, as with all things when it comes to investing, be careful when declaring any asset or investment strategy dead. Such was a point made recently by Research Affiliates. The media has a long history of declaring sectors, markets, or strategies "dead" based on past performance. From August 1979 - when Business Week declared the "death of equities" - to