It’s not uncommon for investors to become emotionally attached to some of their investments, but that’s not generally a good thing. At the Ben Graham Centre’s 2025 Value Investing Conference, Lorne Steinberg of Lorne Steinberg Wealth Management, which has around $1 billion in assets under management, explained when it’s a good idea to exit and why investors shouldn’t think they’re smart.
Know it when you see it
Steinberg noted that there are many different ways of looking at value investing, so he’ll know it when he sees it. For example, he said some schools of thought come from Benjamin Graham and David Dodd, while others were developed by Warren Buffett and...