Archive for: April 2021

Value Investors: The True Robin Hoods

by Dimitrios Koutsoumpos

A value investor’s job is to buy the unfairly cheap, and pocket the difference between the price and the value as long term profit. This activity has a socially beneficial byproduct, the strengthening of the “invisible hand”. The “invisible hand” is Adam Smith’s metaphor for describing how self-interest pushes prices and production to levels that are optimal for society. Read More