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Old 11-06-2005, 03:10 PM
DesertCat DesertCat is offline
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Join Date: Aug 2004
Location: Scottsdale, Arizona
Posts: 224
Default Re: Another book question

[ QUOTE ]

There are huge value funds run by people that have read this book. Dodge and Cox, the myriad vanguard value funds, fidelity, t rowe, americamn, oakmark, blah blah blah.

The information in the book is useless for the individual investor because too many people with too much money know are familiar with the techniques.


[/ QUOTE ]

Value techniques have been well known since the 1930's. It hasn't stopped talented value investors from beating the market.

This is because technique is only a portion of what you need. You also need patience, and judgement. That's what separates the best from the laggards.
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