AET - Value Investing Is Alive And Well (Just Ask A Value Investor)
Benjamin Graham is considered the “godfather” of value investing. Warren Buffett and Joel Greenblatt are also value devotees. In a nutshell, value investing is selecting stocks based on the belief that they trade for less than their intrinsic value. In other words, value investors are consistently on the hunt for stocks they believe the market has undervalued. Is it a fool-proof strategy? No. But those who follow and believe in it are passionate about it, and they’ve reaped rich rewards for their efforts. I’m not going to go as far as to claim that Buffett