2min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

Michael Mauboussin – Active Asset Management - [Invest Like the Best, EP.02]

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

Value Investing - The Marriage of a Contrarian Strike and a Calculator

Value investing is at its core, the marriage of a contrarian streak and a calculator. For markets to be efficient, one of the key underlying conditions is that there are different points of view among investors. And so as long as they're humans around, even if they're programming machines, ther going to have lo avolitbillos.

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