Bogle on Equity Styles: Why Growth vs Value Is Like Tick-Tack-Toe
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
If you’ve ever seen a Morningstar style box, you know what equity styles are. There’s a 3x3 grid. One axis is size: large-cap, mid-cap, small-cap. The other axis is style: growth, blend, value. Every stock fund gets placed in one of those nine boxes.