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If you believe Buffett's thesis that skilled value investors who do their homework consistently beat the market, it stands to reason that there should also be o
by marvin 13y ago
If you believe Buffett's thesis that skilled value investors who do their homework consistently beat the market, it stands to reason that there should also be other strategies that consistently beat the market (let's say over 20 years or so). It also stands to reason that value investing, since it is such a heavily publicized strategy, probably does not beat the market today, since it is such a widely published and acknowledged strategy.