BEN GRAHAM’S VALUE INVESTING VERSUS THE ROBO-ADVISOR via Victor Wendl, author of The Net Current Asset Value Approach to Stock Investing: A Guide to Purchasing Stocks Trading below Liquidation Value
We live in a time period where the “winner-takes-all” outcome is no longer restricted to a handful of industries. Actors and professional athletes are two classic examples of this “all-or-nothing” phenomenon, where a few elites make all of the money and the rest are waiting tables. Unfortunately, through no fault of anyone in particular, this brutal business model has now moved into a number of other industries, thanks to disruptive technology. Someone who is a competent Certified Public Accountant (CPA) in...

