Is Value Investing Actually “Dead”? Or Is It Just Getting Harder?

Value investing sounds as logical as it gets. You buy under-priced stocks and watch as they climb in value.

[dalio]

Also see

• Euclidean 3Q17 Letter - Has Value Investing Lost Its Shine?
• Why Cost Matters In The Active Vs. Passive Debate
• Earnings Right Now All About The Dollar
• Case Study: How 50 Year Old

What sets the value investing approach apart is that instead of referring to stocks as vehicles of speculation, like most investors, it refers to stocks as partial ownership of a business and treats them as such. This mindset causes value investors to be less concerned with...