► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />As world stock markets enjoy a bounce day, the persistent underperformance of 'value' stocks (bought because they are cheap) continues to intensify. John Authers suggests some reasons.<br /><br />► FT World News: http://bit.ly/1Exp0iJ<br /><br />► FT Business: http://bit.ly/1KUK08s<br /><br />► US Stock indices at all-time high: http://bit.ly/1NL0YqR<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
