“Value investing” rewards those who enjoy being out of step with everyone else for much of the time.

The Morning News https://ift.tt/2ReSZu7

When your strategy loses money, writes Mr Asness, you feel like Casey Stengel, the Mets’ coach in 1962, who, after surveying his team, was moved to ask himself, “Can’t anybody here play this game?”

↩︎ The Economist

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