Reflections on universality of value investing | Value Investing News

Reflections on universality of value investing

  • In his seminal book “Fooled by Randomness” Taleb argues that you cannot judge outcomes with regards to their riskiness.
  • There are studies of things like that, they don’t work that well and people believe in them.
  • Geoff thinks that buying cheap stocks with a good history of profitability works.
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