# Professor Baruch Lev's joint research on the demise of value investing is cited

1 Faculty News December 19, 2019 ![MonkeyMarketingLogo-190x145](/sites/default/files/styles/246w/public/assets/images/MonkeyMarketingLogo-190x145.png?itok=OYHntGSG)>

Excerpt from [Monkey Marketing](https://www.moneymarketing.co.uk/beware-of-jumping-aboard-the-value-train/) -- "According to a recent study by academics from the Stern Business School and University of Calgary, the average large American growth company spends $1bn a year on research and development alone."

[Read More](https://www.moneymarketing.co.uk/beware-of-jumping-aboard-the-value-train/)