Economy

I've read over and over that value beats growth in the long run. But it hasn't been a good decade for value, with growth beating value by 13.50% to 11.79% (10 years through October 31, annualized returns). Even the latest 3 year return has growth a bit ahead of value. For past 1 month (the month of October), 1 year, and 3 years, value is way ahead. Judging from these index funds --

VVIAX Vanguard Value Index Fund Admiral Shares
https://investor.vanguard.com/investment-products/mutual-funds/profile/vviax#performance-fees

VIGAX Vanguard Growth Index Fund Admiral Shares
https://investor.vanguard.com/investment-products/mutual-funds/profile/vigax#performance-fees

One perennial AAII Journal article that keeps showing up in one form or another yammers on and on about how great small-cap value has been historically, and how if some portion (for varying percentages) of your equity allocation were in small value, one would have a ton more of safe withdrawals over a long career and retirement than if one just stuck with the S&P 500 index fund or some-such.