(17-02-2019, 01:45 PM)dreamybear Wrote: IMO value investing is more suited to be a full time job...
Investing requires much more effort than most understand it to be. It is very hard work. Even our local professionals have difficulty maintaining a satisfactory outperformance over their benchmarks, over the long term. And that is why WB recommended investing in broad indices. All that time spent looking for above-average returns...may be for nought.
As an aside, it seems the only group of investors left unscathed since 2009 are those with a REIT-heavy portfolio.