On flexibility of investing approach.
Recently there've been a lot of talking on "value is dead". But I think it's nothing more than a lack of flexibility. If we just accept reality as it is, then what is called "dead", doesn't have any value. Maybe try to look for it in a different way?
If you call yourself a "value investor" and your portfolio didn't move for the last 10 years, obviously you failed to discover any value. It's such a weird approach to me, to call something "value", and when it fails to show any value, saying "value is dead" instead of just accepting that you were looking in the wrong place.
I manage my portfolio purely using algorithms that discover "valuation pull" based on fundamentals, price and TA. Believe me or not, but there's lots of value in the market. Algos don't read "Security Analysis", don't read news or watch RealVision. They're not biased and don't have any opinion on things. They're just trained to discover value. And they f-ing do :)