Posted by on Jan 21, 2018 in Articles & Advice, Blog, Featured, Posts |

Image credit: Detail, Decretals of Gregory IX (France, ca. 1275-1325), Royal 10 E IV, f157, British Library



By Jason Zweig  | Jan. 18, 2018 6:07 pm ET



How can value investors, who seek to buy stocks at depressed prices, prevail in a financial world dominated by market-matching index funds?

That’s the main question posed by Seth Klarman, chief executive of the Baupost Group, the $32 billion hedge-fund group, in his 2017 year-end letter to shareholders….



To read the rest of the article:

The Wall Street Journal,



Other resources:


Jason Zweig, Your Money and Your Brain

Jason Zweig, The Devil’s Financial Dictionary

Benjamin Graham, The Intelligent Investor



Why One Legendary Investor Is More Worried Than Ever

The ABCs of Investors’ DNA

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