Value Investing Works, and That Won’t Change
Read the full article at: http://www.circleofcompetenceblog.com/?p=64
Submitted by Circle of Compe... on Wed, 2008-06-18 22:15.
(via www.circleofcompetenceblog.com)
In a speech in 2007, Seth Klarman summed up, in one paragraph, why value investing works, and why that will never go away.