Alpha is not gone. It is just stuck inside companies that forgot what business they are really in.
I’ve been investing for over 30 years, and it always comes back to one question. Where does value hide? Over the past decade, the answer shifted from products to platforms to technology stories. Anything that sounded novel captivated the market. In t… [8576 chars]
Source: Barchart | Published: 2025-12-29T22:22:09Z
Credit: Barchart
