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A comment on Charlie Munger has died. Parent comment

Re:Charlie Munger has died by axlee on Tuesday November 28, 2023 @04:55PM (#38451855)
Value investing has very little to do with investing in ETFs/indexes. By definition, investing in an ETF can't be value investing, because value investing is about picking (yes, picking) stocks that are undervalued. And that implies going against the market. The complete opposite in buying into the market through an ETF.
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Re:Charlie Munger has died by DennisP on Tuesday November 28, 2023 @07:20PM (#38453645)
There are plenty of value ETFs. They even have indexes.
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Re:Charlie Munger has died by axlee on Wednesday November 29, 2023 @07:17PM (#38467405)
VTV (to name the biggest one) has been consistently either tracking below or severely underperforming the S&P. If there is value to be found, that's not there.
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Re:Charlie Munger has died by DennisP on Wednesday November 29, 2023 @09:12PM (#38468463)
Value stocks have always had periods during which they underperformed, and the time since 2009 has definitely been one of them.
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Re:Charlie Munger has died by intotheabyss on Tuesday November 28, 2023 @05:01PM (#38451970)
Value investing is being right when everyone else is wrong, and waiting until everyone realizes you were right all along.
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