CK Narayan
In the past couple of years, value investing has become a fad and icons of value investing have become more visible. You keep reading about the past and everyone is raking up some stock or the other that was bought by somebody when it was cheap and how it is now making millions. Papers are full of articles as is Whatsapp full of anecdotes of the 'big money makers'.
If only one had the foresight to buy them when they were of value. This barrage of information on value investing has led to many new investors labelling themselves as value investors.
2018 has not been such a good year for any kind of investing as the market has persisted in declining all through the year. However, the fascination with value investing remains undiminished. I am not too big a fan of this style of investing because I know that I don't have the personality for it. I also firmly believe that most people espousing its qualities too do not have the kind of patience that is demanded of them. But they are engaging in it because it is currently hot and also it builds the image of some incredible wealth at some point of time in the future.
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