Business

The Golden Age of Value Investing Is Over

The Golden Age of Value Investing Is Over

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
For 30 years, my advantage as an investor was painstaking research. AI just made it worthless.
In 1995, I read two books that changed my life: Benjamin Graham’s The Intelligent Investor and Roger Lowenstein’s biography of Warren Buffett. I was hooked on value investing. I could not get enough of it. In those days, however, getting enough of it was hard. It was the infancy of the internet, so it wasn’t as if I could just Google “Warren Buffett” or “value investing.”