Value Investing Is Dead; Long Live Compelling Values
April 17, 2014 at 15:34 PM EDT
Once you could make money in the markets by looking for value hidden away in financial statements. Thanks to the digital era and its ease of access to information, that day is now past. But there’s still a proven way to consistently earn a positive return in the market—you just have to understand why value investing once worked and why it never will again.