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But it's very definitely growing much faster than the contrarian value portfolio.So the real driver of returns here was the undervaluation and not the rate of growth.And then there was some mean reversion as well which pushed down the high rate of growth and made the high growth value less
Listen to native speakers pronounce “undervaluation” in real conversational contexts with synchronized timestamps and subtitles.
The act of undervaluing; a rate or value not equal to the real worth.
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