For the best part of a century, buying cheap stocks was a reliable way to beat the market. But since the financial crisis, value investing has significantly underperformed. Even Warren Buffett — its most famous advocate — has lagged the market. So is value investing dead? Or is it just sleeping? And in today’s Dumb Question of the Week: What is book value? Get in touch 📧 mhr@pensioncraft.com 🎧 many-happy-returns.captivate.fm
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