Value Investing is Dead!
Or, at least in a Coma and on Life Support!
One of my favorite authors on Medium is Building Arks with Jason Clendenen. He can explain some complex ideas about the market in very understandable terms. Like Jason, I am a self-taught investor. Unlike Jason, I stopped looking to invest in value stocks long ago.
Before 2008, value investing, from a market standpoint, was where you would go to find good, quality companies to invest in. That all changed when the financial crisis hit.