Varieties of Value

Cheap stocks in the long run tend to outperform, but there's value and there's value. John Authers looks at two different kinds of value - the "patient" and the "brave" - and finds the sectors and countries where most value is to be found.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes