Link Copied Value stocks have taken their lumps in recent years, badly lagging those of faster-growing, pricier firms. In a recent conversation on The Long View podcast, we asked Dimensional Fund Advisors co-CEO Gerard O’Reilly what to make of value’s slump. Building on a piece that DFA recently published, O’Reilly offered his perspective on how often value lags and why, despite that, it tends to pay off over the long haul. We also discussed DFA’s recent entry into the exchange-traded fund business. DFA is a bit of a latecomer to launching ETFs, which it did for the first time in late 2020. But given DFA's scale and know-how in passive investing, O’Reilly jokingly likens the firm's ETF debut to Brad Pitt arriving fashionably late to an Oscars afterparty