In The Globe and Mail, George Athanassakos examined why value investing is not a mainstream investment style for money managers, despite it being a lucrative path to follow.
"Value investing is all about concentrating a portfolio on a few, selected, truly undervalued stocks. Diversification does not matter much; the margin of safety, which helps identify a stock as truly undervalued, protects the downside and controls for risk," Athanasskos wrote.