netnet Posted November 3, 2016 Share Posted November 3, 2016 Here is a straight (not covert satire) story on why value investing does not work in India. The title is particularly bad, "Why Warren Buffetts value investing model doesn't work." As if he ever bought cigar butts that were highly leveraged! It sort of sums up the stupidity of the article. http://economictimes.indiatimes.com/markets/stocks/news/why-warren-buffetts-value-investing-model-doesnt-work-in-indian-market/articleshow/55201873.cms Basically, the idea is that low P/E companies in India are dreck, these companies with low P/E have high debt, don't work out, what with low returns on equity. (Honestly, why discriminate aren't most overleveraged companies worldwide bad?) The article is for your amusement. It has some other "easter eggs" of stupidity. Link to comment Share on other sites More sharing options...
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