On August 18, Josef Lakonishok, CEO and CIO of LSV Asset Management, joined CFA Society Chicago for our first in-person Distinguished Speaker Series presentation since March 2020. In his presentation, Lakonishok evaluated the level, persistence, and predictability of growth rates over the past 50 years. These results help in understanding what it takes to justify extreme valuations and, in general, what are the drivers of returns for value and growth companies.
