Originally Posted by
winner69
That saying In the long run the market is a weighing machine, not a voting machine may have meant something last century but this century it’s just a .
Insofar as ‘value investing’ goes the last decade has been devastating, and even value investing legends have lost their mojo.
These days the weighing machine / voting machine thing is only used by those (generally the mature old fashioned types) who want to justify their not so good investments and and use it as an excuse to hang in there in the hope that things will come right ....one day