Value Investing News

"In the old days any well-trained security analyst could do a good professional job of selecting undervalued issues through detailed studies; but in the light of the enormous amount of research now being carried on, I doubt whether in most cases such extensive efforts will generate sufficiently superior selections to justify their cost" (Ben Graham)

• http://www.ukvalueinvestor.com/2010/01/statistical-investing.html (371)