A Bird’s-eye View of Value Investing Conceals its Superior Performance

A Bird's-eye View of Value Investing Conceals its Superior Performance by Victor Wendl, author of  The Net Current Asset Value Approach to Stock Investing: A Guide to Purchasing Stocks Trading below Liquidation Value

During the mating season, the male Iberian emerald lizard changes color from the neck up. This transformation from green to turquoise is a double-edged sword for this tiny reptile. On the one hand, the male lizard’s vibrant colored-headdress gives him a leg up when trying to attract female lizards, but on the other hand, his loss of camouflage amidst the green woodlands of Spain and Portugal makes it easier for birds of prey roaming the skies from...