The Environment One Endures Defines the Value Investing Path Chosen

The Environment One Endures Defines the Value Investing Path Chosen by Victor Wendl, author of  The Net Current Asset Value Approach to Stock Investing: A Guide to Purchasing Stocks Trading below Liquidation Value

Jared Diamond in his book Guns, Germs, and Steel: The Fates of Human Societies provided compelling evidence on why certain groups of people manage to gain the upper hand over the indigenous people they have conquered. One of the reasons certain societies gain a competitive advantage over others comes from the environments to which they were exposed over generations. A classic example of this is European dominance over the various indigenous groups they encountered in Africa and in...