/biz/ - Business & Finance

>>1550759
>Value investing doesn't work
Value investing works when it works, and doesn't when it doesn't.

EMH doesn't have a thing to do with vilifying or glorifying any particular asset class. Every asset class has its place in a well-constructed portfolio.

Remember what I said above about you stopping being stupid? Now would be great time to start. M'may?

>>1375478
>Daily reminder that if you've 'invested' in one of the following:
>
>- Cryptoshit
>- 2 da moon stocks that are shilled on this board
>- ULTRA RARE collectibles
>
>..you've been played by shills.
So far so good....

>Value investing is the only way to make consistently high returns over the long term.
Aww, you done and went full retard. Value stocks are an important component of a well-rounded diversified portfolio, but no single one asset class is inherently the best. They all have periods of performance above and below the market average. This is why we don't put all our eggs in one basket ... even if its the relatively safe basket of value equities.

If you want to argue for strategic overweighting into small cap value stocks, especially for younger long-term investors, I'll cheer you on. But to make blanket statements about value stocks being the "only" way to make constantly high long-term returns is just categorically and provably false, especially in the technological era.