My issue with valuing investing has always been that its based on rearview investing, and most studies favor value over growth mainly because they have been done in hindsight with data flawed by survialship bias.
I decided to compile a small list of growth and value companies by sector, and will revist their performance at a later date, this way we can avoid the flaws that come with testing in hindsight.
GOOG (P/E 70) vs MSFT (P/E 18)
HANS (P/E 56) vs KO (P/E 20)
VMC (P/E 20) vs LPX (P/E 5)
SHLD (P/E 23.5) vs WMT (P/E 17.6)
KG (P/E 40) vs PFE (P/E 14)
SEIC (P/E 24) vs GS (P/E 8.6)
HPQ (P/E 24.5) vs IBM (P/E 14.6)
Q (P/E -35 (negitive EPS)) vs VZ (12.8)