Link via Damodaran's Twitter: https://twitter.com/AswathDamodaran/status/1362956143673241605
My three posts on value investing a few months ago have morphed into a paper on value investing, from its glory days (which were never that glorious) to its fall from grace, and why the biggest barrier to a come back is a failure of imagination. https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID3779481_code20838.pdf?abstractid=3779481&mirid=1&type=2
While I don't regard myself as much of a value investor, and the paper is fairly long (and some of the graphics are blurry), I hope it is useful to some of you.
Submitted February 19, 2021 at 10:02PM by mutecocoon https://ift.tt/37z9iwG
