Subject: Re: 2025 and 2000-2025
Here's some more perspective. I used to track the performance of value funds. For the 27-year period 1996-2022, the returns of 12 well known value funds ranged from S&P 500 minus 2.3 percentage points (8.2% after fees versus 10.5% for the S&P) to
S&P 500 plus 1.0 percentage point (11.5% after fees versus 10.5% for the S&P 500). One-year returns have a very wide range, but 27-year returns have a very small range.