Investing on the Basis of Quantitative Metrics

In the past, bargains could be available for the picking based on readily observable data and basic analysis. To day, it seems foolish to think that such s could be found with any level of frequency. In a time when readily discernible quantitative data is unlikely to produce high profit opportunities, if something carries a low valuation, there's probably a good reason. Successful investing has to be more about superior judgments concerning qualitative, non computable factors like how things are likely to unfold in the future.